Intel Shares Surge 10% Boosting Nasdaq as Crude Oil Prices Retreat

Key Facts

1Intel shares surged 10%, contributing to a 1.77% gain in the Nasdaq index.

2Crude oil prices fell by 4%, leading to a decline in energy sector shares.

U.S. stocks rose on Monday as market sentiment shifted decisively toward technology and communication shares, marking a broader recovery in growth sectors. According to reports, Intel shares surged by 10%, a move that significantly contributed to a 1.77% gain in the Nasdaq index. Conversely, the energy sector faced headwinds as crude oil prices dropped by 4%, leading to a visible decline in shares linked to the oil and gas industry.

The divergence in sector performance highlights the current market rotation, with technology leading gains while energy lags behind. Per market data, Intel (INTC) stood at $108.6 at the close of September 18, 2026, having reached a day high of $110.49. During the same period, the NDAQ index closed at $93.54, providing a baseline for the subsequent rally in tech-heavy benchmarks mentioned in recent analyst findings.

Traders should watch for price consolidation around INTC's recent levels, noting its day low of $106.4 on September 18, 2026. While the upcoming calendar shows no immediate high-impact tech catalysts, the energy sector remains sensitive to supply data, following the recent API Crude Oil Stock Change report which showed a substantial increase of 7.14 million barrels.