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BusinessQuiet 40h · day 2

Nasdaq hits intraday record high as tech stocks regain footing

Tech-heavy index eclipses June peak as chip stocks surge on persistent AI demand and falling oil prices.

newest coverage 1d agosummary written 1d ago6 pieces90 likes & upvotes8 comments BlueskyNewswiresMastodonGoogle News

What to know

  • The Nasdaq Composite hit an intraday record high of 27,212.68 on September 22, surpassing its June 1 peak for the first time since early June.
  • Tech and chip stocks drove the rebound on sustained AI demand and a retreat in oil prices, with AMD reaching $1 trillion market valuation.
  • The recovery marks a sharp turnaround from July 17, when the Nasdaq entered bear market territory amid concerns about AI spending profitability.

AMD Chipmaker

Nasdaq hits intraday record high as tech stocks regain footing
Investing.com News

How it unfolded 1 development · click the chart to see its coverage articlesposts

Peak 2 pieces in one hour at Sep 22, 11 AM; 5 pieces over 2 days (3 articles · 2 posts) Sep 21, 7 PM — 1 piece · 1 post — Mastodon 1Sep 21, 8 PM — quietSep 21, 9 PM — quietSep 21, 10 PM — quietSep 21, 11 PM — quietSep 22, 12 AM — quietSep 22, 1 AM — quietSep 22, 2 AM — quietSep 22, 3 AM — quietSep 22, 4 AM — quietSep 22, 5 AM — quietSep 22, 6 AM — quietSep 22, 7 AM — quietSep 22, 8 AM — 1 piece · 1 post — Bluesky 1Sep 22, 9 AM — 1 piece · 1 article — Newswires 1Sep 22, 10 AM — quietSep 22, 11 AM — 2 pieces · 2 articles — Google News 2Sep 22, 12 PM — quietSep 22, 1 PM — quietSep 22, 2 PM — quietSep 22, 3 PM — quietSep 22, 4 PM — quietSep 22, 5 PM — quietSep 22, 6 PM — quietSep 22, 7 PM — quietSep 22, 8 PM — quietSep 22, 9 PM — quietSep 22, 10 PM — quietSep 22, 11 PM — quietYesterday, 12 AM — quietYesterday, 1 AM — quietYesterday, 2 AM — quietYesterday, 3 AM — quietYesterday, 4 AM — quietYesterday, 5 AM — quietYesterday, 6 AM — quietYesterday, 7 AM — quietYesterday, 8 AM — quietYesterday, 9 AM — quietYesterday, 10 AM — quietYesterday, 11 AM — quietYesterday, 12 PM — quietYesterday, 1 PM — quietYesterday, 2 PM — quietYesterday, 3 PM — quietYesterday, 4 PM — quietYesterday, 5 PM — quietYesterday, 6 PM — quietYesterday, 7 PM — quietYesterday, 8 PM — quietYesterday, 9 PM — quietYesterday, 10 PM — quietYesterday, 11 PM — quietToday, 12 AM — quietToday, 1 AM — quietToday, 2 AM — quietToday, 3 AM — quiet 1
Sep 22yesterdaynow · 4:44 AM ET
  1. 1
    “The Nasdaq Composite touched an intraday record high on Tuesday for the first time since early June as technology stocks clawed back lost ground.”
    — Reuters

    1. 2 outlets first by Investing.com News, 1d ago · also Reuters · read ↗

    • carlquintanilla.bsky.social

      * NASDAQ COMPOSITE HITS INTRADAY RECORD HIGH, LAST UP 0.4% @reuters.com

      carlquintanilla.bsky.socialBluesky1d ago90▲view on Bluesky ↗
  2. background

    AMD tops $1 trillion market valuation as chip stocks surge — Chipmaker AMD topped $1 trillion in market valuation on Monday as chip stocks surged, sending the Philadelphia SE Semiconductor index to a more than one-month high.

  3. background

    S&P 500 and Dow hit record highs while Nasdaq lags — The benchmark S&P 500 and the blue-chip Dow already hit record highs in early August, making the Nasdaq the last major index to mark its recovery.

  4. background

    Nasdaq enters bear market territory after sharp decline — The Nasdaq fell more than 20% from its record close and confirmed bear market territory on July 17, driven by concerns that AI spending could weigh on profitability as returns were not materializing as fast as markets expected.