Nasdaq-100 Surges 3% as Technology Stocks Lead Market Rebound

Key Facts

The Nasdaq-100 index surged 3% as technology stocks continued to recover from previous losses. Seeking Alpha reported that the rally underscored renewed demand for growth-oriented shares, with the broader Nasdaq Composite also advancing more than 2.5% during Monday's session.

The rally follows a recovery sentiment triggered by US Non-Farm Payrolls data released on November 6, 2026, which showed an addition of 165,000 jobs, significantly beating forecasts. A bounce-back in semiconductor stocks also supported the index after sharp historical losses recorded in recent volatility.

Market attention turns to the US Inflation Rate data scheduled for release on November 10, 2026, with forecasts projecting a 3.9% annual figure. Federal Reserve Governor Waller is also scheduled to deliver a speech on the same day.