Tech Stocks Surge: Dow Jumps 316 Points Amid Rally
US stock markets staged a significant recovery on September 17, 2026, as key technology stocks led the charge. The Dow Jones Industrial Average rose by 316 points, or 0.6%, while the S&P 500 and Nasdaq Composite gained 1.1% and 1.7%, respectively.
NVIDIA Corp (NVDA) was one of the standout performers, with its stock price surging due to strong demand for its semiconductor products. According to GuruFocus, NVDA is currently priced at $219.44, which represents a significant undervaluation of 43.8% compared to its GF Value™ of $390.22.
The recent rally in US markets can be attributed to several factors, including declining U.S. Treasury yields and easing oil prices. These developments have alleviated some supply disruption fears and created a favorable environment for technology stocks.