The Nasdaq Composite rose 1.18% on Monday as investors returned to chip and AI-related stocks, with the Philadelphia Semiconductor Index up about 2% after an eight-day, 15.7% slide. The rebound came ahead of major tech earnings, while worries about financing costly AI infrastructure and higher interest rates continued to weigh on the market. Last week, the S&P 500 and Nasdaq posted their biggest weekly drop since late June, and CoreWeave shares plunged over its $50 billion debt load. Amazon rose 4.8% after Morgan Stanley named it a top pick, Cleveland-Cliffs surged about 16% on third-quarter profit above estimates, and U.S. crude rallied about 2.3% to nearly $104 a barrel. Meta and Tesla report Wednesday and SpaceX reports Tuesday, and one analyst cautioned the market is 'far from out of the woods.'
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Nasdaq climbs as chip and AI - linked stocks bounce back
Read the original on koreatimes.co.kr ↗
Related tickers and likely impact
NVDA
▲ Likely positiveNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/19/2026 | 217.09 |
| Change that session | +1.38% |
QQQ
▲ Likely positiveInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/19/2026 | 718.36 |
| Change that session | +1.21% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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