Stock Market Today, Sept. 21: Tech Strength Powers Nasdaq to Record Close

The Nasdaq Composite (NASDAQINDEX:^IXIC) gained 2.26% to 27,122 to set a new record close, while the S&P 500 (SNPINDEX:^GSPC) climbed 1.49% to 7,765 and the Dow Jones Industrial Average (DJINDICES:^DJI) rose 0.71% to 52,049. Falling crude oil costs supported tech-heavy indexes, despite pressure on energy-related Dow components. Gold fell 0.9% to $4,340.51 as of U.S. market close, and the 10-year Treasury yield fell 0.04% to 4.96%. Communication and technology stocks led the sector gainers, while energy and basic materials lagged. Today's biggest moves Advanced Micro Devices jumped almost 10%, hitting an intraday $1 trillion market capitalization as semiconductor demand accelerated. Meta Platforms soared over 11% as its Muse AI agent took the top download spot on Apple 's app store, and Wells Fargo raised its price target on the stock. What this means for investors A semiconductor rally led the market higher today, boosted by optimism about U.S.-China talks on artificial intelligence (AI) safety, heightened expectations for AI hardware demand, and easing oil prices. The potential that geopolitical tensions may ease also helped to stabilize sentiment. Meanwhile, crypto stocks , including Coinbase Global and Robinhood Markets , advanced as Bitcoin traded above $87,000 for the first time since January. The leading cryptocurrency has gained this month despite several major setbacks -- including a hawkish tone from the Fed and the failure of key legislation in the Senate. Today's optimistic mood is reassuring for investors; however, analysts at Morgan Stanley warn that further turbulence may lie ahead. It says the S&P 500 could drop by as much as 7% if energy prices increase further and the 10-year Treasury yield remains near 5%. Recent weeks have shown that AI jitters can quickly unsettle investors and that inflation remains a concern. Should you buy stock in Invesco QQQ Trust right now? Before you buy stock in Invesco QQQ Trust, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Invesco QQQ Trust wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $387,158 !* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,365,749 !* Now, it’s worth noting Stock Advisor’s total average return is 932 % — a market-crushing outperformance compared to 211% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor , and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of September 21, 2026. Wells Fargo is an advertising partner of Motley Fool Money. Emma Newbery has positions in Apple. The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, Bitcoin, Intel, and Meta Platforms. The Motley Fool recommends Coinbase Global. The Motley Fool has a disclosure policy .

The Nasdaq Composite (NASDAQINDEX:^IXIC) gained 2.26% to 27,122 to set a new record close, while the S&P 500 (SNPINDEX:^GSPC) climbed 1.49% to 7,765 and the Dow Jones Industrial Average (DJINDICES:^DJI) rose 0.71% to 52,049. Falling crude oil costs supported tech-heavy indexes, despite pressure on energy-related Dow components.

Gold fell 0.9% to $4,340.51 as of U.S. market close, and the 10-year Treasury yield fell 0.04% to 4.96%. Communication and technology stocks led the sector gainers, while energy and basic materials lagged.

Advanced Micro Devices jumped almost 10%, hitting an intraday $1 trillion market capitalization as semiconductor demand accelerated. Meta Platforms soared over 11% as its Muse AI agent took the top download spot on Apple 's app store, and Wells Fargo raised its price target on the stock.

A semiconductor rally led the market higher today, boosted by optimism about U.S.-China talks on artificial intelligence (AI) safety, heightened expectations for AI hardware demand, and easing oil prices. The potential that geopolitical tensions may ease also helped to stabilize sentiment.

Meanwhile, crypto stocks , including Coinbase Global and Robinhood Markets , advanced as Bitcoin traded above $87,000 for the first time since January. The leading cryptocurrency has gained this month despite several major setbacks -- including a hawkish tone from the Fed and the failure of key legislation in the Senate.

Today's optimistic mood is reassuring for investors; however, analysts at Morgan Stanley warn that further turbulence may lie ahead. It says the S&P 500 could drop by as much as 7% if energy prices increase further and the 10-year Treasury yield remains near 5%. Recent weeks have shown that AI jitters can quickly unsettle investors and that inflation remains a concern.

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Invesco QQQ Trust wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.