Nasdaq Jumps 1.26%, Tech Stocks Drive Market Rally
The US stock market saw a strong performance on September 11, with all three major indices - Dow Jones, Nasdaq, and S&P 500 - posting gains. The Nasdaq index led the way, rising by 1.26% to 26,410.97.
Several technology stocks performed well, including MicroStrategy, which increased by 6.76%, Intel, up 3.75%, and Qualcomm, with a gain of 2.79%. Nvidia's market capitalization stood at around $5.37 trillion, while Apple's was approximately $4.89 trillion.
The rise in technology stocks contributed to the overall positive performance of the market. Meanwhile, the yield on the US 10-year note decreased to 4.940%, and crude oil prices dipped more than 3%.