Shares of US cloud computing companies rose, with Nebius (NBIS.O) up 5% and Coreweave (CRWV.O) up 2.6%.

Nvidia (NVDA.O) rose 7.1% in early trading, adding $359 billion to its market capitalization.

US semiconductor stocks rose, with Nvidia (NVDA.O) up over 6%, Arm (ARM.O) up 3.7%, SK Hynix (SKHY.O) up 3.6%, Intel (INTC.O) up 3.5%, and Broadcom (AVGO.O) up 2.5%.

The Dow Jones Industrial Average opened down 49.62 points, or 0.09%, at 53,414.26 on Thursday, August 27; the S&P 500 opened up 18.93 points, or 0.25%, at 7,694.76; and the Nasdaq Composite opened up 190.55 points, or 0.73%, at 26,320.75.

[US Questions European Allies, Plans to Accelerate Defense Responsibility Transfer] A senior US Department of Defense official stated that as Washington continues to review the deployment of US troops in Europe, the US hopes to "advance and accelerate" the transfer of most conventional defense responsibilities in Europe to Europe itself. US Under Secretary of Defense for Policy, Colby, arrived in Brussels on Thursday to meet with NATO allies and brief them on the progress of the six-month review. This review is expected to be completed by the end of this year and will lead to significant changes in the scale of US military deployments in Europe. As part of this process, US allies received a questionnaire with a deadline of this Friday. The questionnaire asks whether countries "publicly support" Trump's foreign policy, whether they restrict the use of US military bases, and whether they purchase from US defense contractors. "We want to hear directly from our allies and understand their views in writing," Colby said. His visit is related to this questionnaire, which surprised many European governments earlier this summer.

[3,000-Year-Old Gold Treasure Stolen from Spain, Valued at Up to €1.7 Million] A museum in the medieval Spanish town of Verena was robbed of a collection of precious artifacts dating back 3,000 years, including bracelets, bowls, bottles, and other objects primarily made of gold, within minutes. Discovered in 1963, the artifacts date back to the Bronze Age, around 1000 BC. “We are deeply saddened – I’m still trembling as I speak,” said Fulgencio Serdan, the mayor of Verena, near Alicante in the Valencian Region. “This is part of our cultural heritage.” Serdan stated that the gold contained in the artifacts could be worth up to €1.7 million (approximately $2 million), but their historical value is immeasurable. The Spanish Civil Guard is investigating the theft, which occurred early Thursday morning and is believed to have been committed by professional thieves. Last year, a high-profile theft also occurred at the Louvre Museum in France, where a valuable ancient crown was stolen.