Nuclear Energy Stocks Rally Led by NuScale Power as SMR Momentum Returns

Key Facts

1NuScale Power shares jumped 13% as momentum returned to the small modular reactor sector.

2The Global X Uranium ETF rose 4%, serving as a proxy for the sector's recovery.

Reflecting a renewed confidence in the alternative energy space, nuclear energy stocks saw a significant rebound led by small modular reactor (SMR) developers. According to reports, NuScale Power shares jumped 13% during Tuesday's session, suggesting that the recent sector-wide selloff may have reached exhaustion. This positive price action comes as investors rotate back into key nuclear names following a period of sustained downward pressure.

Across the broader sector, the Global X Uranium ETF (URA) rose 4%, serving as a primary proxy for the recovery in market sentiment toward uranium and advanced reactor technologies. Per market data, the URA ETF closed at $45.75 on September 4, 2026, trading within a range of $45.132 to $45.965. These collective moves, which included a 7% climb in Oklo shares, indicate a buying trend coinciding with stabilizing cash flows in this critical industry.

Looking at current price levels, traders are monitoring the sustainability of this rally after the URA ETF recorded a close of $45.75 (close September 4, 2026). While the upcoming economic calendar lacks direct nuclear sector catalysts, markets will watch API crude oil stock changes and global industrial production data as broader energy sentiment drivers in the coming days.