Bullish
Nasdaq 100 rises 0.64% to 29,209.23 amid falling oil prices and tech rebound
The Nasdaq 100 gained 0.64% to close at 29,209.23 on August 25, 2026, driven by a rebound in technology stocks and a decline in oil prices. Falling oil prices eased inflation concerns, leading to lower Treasury yields and boosting investor sentiment. The technology sector, particularly chipmakers, saw significant gains ahead of Nvidia's earnings report.
Key points
- Technology stocks, especially chipmakers like Nvidia and AMD, rebounded strongly, contributing to the Nasdaq's rise.
- A 3.6% drop in Brent crude oil prices alleviated inflation worries and supported stock prices.
- The S&P 500 and Dow Jones also posted gains, indicating broad market optimism.
- Despite the positive market movement, consumer confidence edged lower to 89.4, the weakest reading since the start of the year.
Sources
- How major US stock indexes fared Tuesday 8/25/2026Associated Press · August 25, 2026
- Falling oil prices help calm the stock and bond marketsAssociated Press · August 25, 2026
- US stocks mixed, Nasdaq falls to three week lowBusiness Standard · August 25, 2026
- S&P 500 closes at 7,677.28 on August 25, 2026 — all three indexes riseTenBrief · August 26, 2026
AI-generated from public news sources. Not financial advice.
