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Indices· May 05, 2026 at 08:01 PM
Nasdaq Rides Chip Stocks to Record High
Authored by·Editorially reviewed
Onur Erkan YıldızFounder, Financial Engineer · CMB-licensed
Higher education in Financial Engineering and Money & Capital Markets. SPK (Turkey CMB) licence. 16 years across institutional markets, research, and quant-driven analytics.
NeutralMedium impact
AI summary
The S&P 500 and Nasdaq rode another rally in chip stocks to fresh closing highs. The S&P 500 gained 0.8%. The Nasdaq rose 1%. Both topped their prior records from Friday. The Dow rose 357 points, or 0.
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