Nasdaq and Chip Stocks Rebound as Oil Prices Fall Amid Yield Pressure

Key Facts

1The Nasdaq index and semiconductor stocks rebounded as crude oil prices retreated.

2The 10-year Treasury yield reaching 5.26% is capping market gains ahead of PCE and payroll data.

The Nasdaq index and semiconductor stocks rebounded as crude oil prices retreated, providing a lift to the tech sector. FX Empire reported that the recovery comes as investors await the release of PCE inflation and payroll data, with the market seeking confirmation that inflationary pressures are fading.

NDAQ closed at $92.62 on September 28, 2026, while the 10-year Treasury yield reaching 5.26% capped broader market gains. These price movements occurred amid persistent pressure from high yields, with NDAQ seeing a day high of $93.23 and a low of $91.95 during the September 28, 2026 session.