Nasdaq Gains 1% as Retail Strength Offsets 3% Slump in Crude Oil

Key Facts

In a move reflecting equity market resilience against energy sector volatility, U.S. indices posted notable gains at the end of the week. The Nasdaq index rose 0.97% on Friday, primarily driven by strong performance in retail stocks. This climb occurred despite pressure from crude oil prices, which fell 2.7% following the release of weakening consumer sentiment data.

Positive earnings from Kroger contributed to boosting optimism within the consumer sector, providing sufficient support for tech-heavy indices to offset energy-related losses. Per market data, crude oil prices saw a sharp decline of approximately 3%, reflecting investor concerns over future demand levels in light of mixed economic indicators.

The NDAQ stock stood at $92.01 (at close September 10, 2026), with price fluctuations between $91.73 and $94.46 during recent sessions. Looking at the economic calendar, traders are weighing the impact of previous data such as the API crude oil stock change, which showed a 0.3 million barrel decrease, while waiting for new catalysts for the energy sector and global markets.