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Nasdaq Rises 1% as Tech Stocks Rebound While Dow Slips

Summary by Quartz
The S&P 500 gained 0.5% as Intel, AMD and Micron stock advanced following a 4.5% weekly drop in the Nasdaq

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The New York stock market opened mixed this week, as investors awaited earnings reports from technology companies. The Nasdaq and S&P 500 rose, while the Dow Jones saw limited declines. Shares in AI and chip companies showed a rebound following last week's sharp sell-off.

Investors rushed to buy after the price drop. CoreWeave's stock started to rise.

Wall Street is trending higher on Monday (10/19) as investors returned to technology stocks after last week's wave of liquidations linked to concerns about artificial intelligence (AI). In this context, the Dow fell by 0.11% to 51,947.02 points, the S&P 500 rose by 0.58% to 7,703.23 points and the Nasdaq gained 1.11% to 26,429.70 points. Intel shares rose more than 3% after analysts at JPMorgan upgraded their rating. CoreWeave, a key provider of…

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NDTV Profit broke the news in Mumbai, India on Monday, October 19, 2026.
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