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    Home»Latest News»Wall Street’s Nasdaq hits all-time high as AI frenzy gathers pace | Financial Markets News
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    Wall Street’s Nasdaq hits all-time high as AI frenzy gathers pace | Financial Markets News

    Team_Prime US NewsBy Team_Prime US NewsSeptember 23, 2026No Comments3 Mins Read
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    Traders shrug off AI security issues and Iran battle, sending market to a brand new peak.

    Printed On 23 Sep 202623 Sep 2026

    Wall Avenue’s Nasdaq inventory alternate has hit an all-time excessive, shrugging off issues about AI security dangers, sky-high tech valuations and the power shock brought on by america’ battle on Iran.

    The Nasdaq Composite index, which is dominated by US tech giants similar to Nvidia, Apple and Microsoft, rose 0.45 % on Tuesday, taking its positive aspects to this point this yr to greater than 17 %.

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    The Nasdaq 100, a narrower index that tracks 100 prime firms, jumped 0.82 %.

    The S&P 500, the most well-liked measure of the general US inventory market, closed basically flat.

    Monolithic Energy Programs, a Florida-based producer of energy circuits, and Canadian e-commerce firm Shopify led the positive aspects, surging 8.1 % and seven.1 %, respectively.

    Micron Know-how, one of many world’s prime three reminiscence chip makers together with South Korea’s SK Hynix and Samsung Electronics, rose 5 %.

    Chip big Nvidia, the world’s most respected firm, gained 0.7 %, whereas Apple edged up 0.2 %.

    Meta Platforms, which soared 11.4 % on Monday on pleasure surrounding its new AI assistant Muse, dropped 0.63 %.

    Main Asian inventory markets opened larger on Wednesday, with Japan’s benchmark Nikkei 225 and South Korea’s Kospi up about 1.4 % and 0.1 %, respectively, in morning buying and selling.

    Hong Kong’s Grasp Seng Index opened decrease, falling greater than 0.7 % in the course of the morning commerce.

    Oil costs have been largely flat on Tuesday, after falling greater than 3 % yesterday amid bettering oil flows out of the Gulf and hopes of renewed diplomacy between Washington and Tehran.

    Futures for Brent crude, the worldwide benchmark, have been buying and selling at $99.18 a barrel as of 01:00 GMT.

    ⁠US President Donald Trump on Tuesday informed reporters that US officers ‌held a “superb” assembly with their Iranian counterparts on the sidelines of the United Nations Common Meeting in New York, hours after utilizing his deal with to the session to warn that he may “annihilate” Iran if Tehran didn’t comply with a deal on the battle.

    Trump, whose battle on Iran is nearing the seven-month mark, stated US and Iranian officers would maintain one other spherical of talks within the “very close to future”.

    Jay Goldberg, a senior analyst at Seaport Analysis Companions in San Francisco, stated indicators of diplomatic progress between the US and Iran had refocused investor consideration on the potential of AI to generate earnings after years of multibillion-dollar investments.

    “We have now been trying to find a transparent shopper use case to justify the AI spend, and plenty of see Muse as simply that product,” Goldberg informed Al Jazeera.

    “Personally, I feel Muse is only a step in the appropriate path; there will likely be higher merchandise – in all probability quickly – however Muse is a kind of issues which are so helpful they get traders enthusiastic about AI prospects once more,” Goldberg stated.



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