Nasdaq reportedly gains 2.26% to a record close as AI and tech stocks rally
A September 22 post says AMD reached a $1 trillion market value during Monday’s rally, while Intel and Arm also posted major gains.
TLDR
A September 22 post says U.S. stocks surged Monday, with the Nasdaq gaining 2.26% to a record close, the S&P 500 rising 1.49% and the Dow adding 0.71%. It also says AMD reached a $1 trillion market value. The author credits renewed optimism about AI spending for the tech rally, while saying falling oil prices and lower Treasury yields helped ease market pressure.
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