US optical communication sector rises, Lumentum gains over 7%

According to GMX.COM data, the three major US stock indices opened higher collectively, with the Dow up 0.15%, the Nasdaq up 0.55%, and the S&P 500 up 0.28%. The optical communication sector rose, with Lumentum gaining over 7% and Coherent gaining over 5%. SpaceX gained over 2% after the company reached an agreement to acquire a nationwide low-band spectrum asset portfolio in the US.