Why is Nasdaq suddenly up today? S&P 500 and Nasdaq Composite jump despite Iran crisis shock — here’s what’s boosting Nasdaq sentiment
The answer to why the Nasdaq is up today is simple. Investors bought the dip in mega-cap tech stocks. They leaned into Technology stocks led the rebound. Broader U.S. stock markets showed mixed performance. The S&P 500 traded near the flatline after dropping 1.2% at its session low. The Dow fell modestly as investors rotated away from industrial and travel-linked names. Airlines faced pressure as traders worried about higher fuel costs. At the same time, energy and defense stocks attracted buyers. Exxon ...