Nasdaq Composite Jumps 2.26% to Record Close at 27,122.09
Key Facts
The Nasdaq Composite closed Monday, September 21, 2026, up 2.26%, or 599.55 points, at a record 27,122.09. Official Nasdaq data show it surpassed its previous close of 26,522.54.
The rally came as Brent crude fell 3.4% to $100.34 a barrel and the 10-year US Treasury yield eased to 4.95% from 5.01%, while chip and AI stocks led the gains. Lower oil prices ease inflation pressure, while falling yields reduce the discount rate applied to future earnings, a mechanism that typically supports growth stocks.
The broader market also advanced: the S&P 500 rose 1.5% to 7,764.70 and remained 0.4% below its record, while the Dow Jones gained 0.7% to 52,048.83. The Nasdaq’s outperformance highlighted concentrated demand for technology and AI stocks during the session.
The retail-sales report described in the previous version as forthcoming had already been released on September 16, 2026. The Census Bureau said August sales totaled $773.9 billion, up 1.2% month over month and 6.0% year over year, while the advance estimate for September was scheduled for October 15, 2026. Strong spending signals resilient consumer demand but may keep growth-stock valuations sensitive to the interest-rate outlook.
Latest Updates · 3
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Update: Meta shares emerged as a primary catalyst for the rally, posting their strongest daily performance since April 2025. This surge was further bolstered by commentary from JPMorgan CEO Jamie Dimon regarding the transformative impact of AI on the sector's growth trajectory.
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Update: The Nasdaq 100 reached a level of 30,788 during trading on September 21, 2026. Technical data shows the Relative Strength Index (RSI) hitting 81, signaling overbought conditions as the index approaches its all-time highs.
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Update: As of the final hour of trading on September 21, 2026, the Nasdaq is on track to secure a record close. This late-session surge reinforces the day's gains and signals robust investor conviction in the sustainability of the current technology rally.