Nasdaq rose 1.3%
The Nasdaq Composite climbed 1.29% to close at 25,837.21 on July 21, rebounding from a difficult stretch that had left the index down 1.03% over the past week and 2.57% lower over the past month. The gain still left the tech-heavy benchmark 4.64% below its 52-week high of 27,093.9, though it remains 25.12% above its 52-week low of 20,650.13.
The index finished the session below its 50-day simple moving average of 26,134.05 but comfortably above its 200-day average of 23,906.91, a technical position that typically signals medium-term softness within a longer-term uptrend. Year-to-date, the Nasdaq Composite has advanced 11.17%, while its three-month return stands at 5.87%.
U.S. markets broadly rose alongside the Nasdaq. The S&P 500 added 0.89% and the Dow gained 0.74%, according to the session's peer data. Overseas, performance was more mixed. Asian markets showed particular strength, with South Korea's KOSPI surging 9.04% and Japan's Nikkei jumping 4.87%. Hong Kong's Hang Seng rose 2.36% and Shanghai added 0.85%. European bourses were nearly flat, with Germany's DAX up 0.06%, France's CAC 40 up 0.02%, and the Euro Stoxx 50 slipping 0.06%. London's FTSE 100 declined 0.71%, while India's Sensex and Nifty 50 fell 0.57% and 0.39% respectively. Australia's ASX 200 edged up 0.5% and Taiwan's TAIEX dipped 0.52%.
Several headlines pointed to semiconductor strength as a factor in the Nasdaq's performance. According to a headline from The Motley Fool, "Micron Surges 12% as Semiconductor Strength Lifts Nasdaq." The Globe and Mail similarly noted that "Memory Stocks Spark a Market Rebound." Investment Week reported that "US stocks rise as Iran pushes for negotiations," according to a headline from that publisher. Upstox observed the Nasdaq 100 jumping 1.2% at the open. These headlines suggest chip stocks and geopolitical developments may have contributed to sentiment, though the evidence pack does not confirm these as definitive drivers.
The day's gain interrupts a recent pattern of weakness but does not reverse it. The Nasdaq Composite remains in a technical position where it has lost ground over one-week and one-month horizons while maintaining solid longer-term gains. What precisely drove the rebound—whether specific earnings, sector rotation, or broader macro factors—is not established by the available data. The index sits roughly midway between its moving averages, with room to run in either direction before testing key technical levels.
The numbers
- Level 25,837.21, +1.29% on the day (as of 2026-07-21)
- 1-week -1.03% · 1-month -2.57% · 3-month +5.87% · YTD +11.17%
- 52-week range 20,650.13 – 27,093.90, 4.6% below the high
- Trading below its 50-day average and above its 200-day average
Around the world (same session)
- S&P 500 +0.89%
- Dow +0.74%
- FTSE 100 -0.71%
- DAX +0.06%
- CAC 40 +0.02%
- Euro Stoxx 50 -0.06%
- Nikkei +4.87%
- Hang Seng +2.36%
- Shanghai +0.85%
- KOSPI +9.04%
- TAIEX -0.52%
- ASX 200 +0.50%
- Sensex -0.57%
- Nifty 50 -0.39%
Recent headlines
- US stock market opens in green; NASDAQ 100 jumps 1.2%, S&P500 and Dow rises 0.3% on Tuesday — Upstox (11h ago)
- Nasdaq-100 Weekly: Nasdaq-100® Index: 2Q2026 Performance Commentary — Nasdaq (1d ago)
- Market Movers blog: US stocks rise as Iran pushes for negotiations — Investment Week (16h ago)
- Stock Market Today, July 21: Micron Surges 12% as Semiconductor Strength Lifts Nasdaq — The Motley Fool (3h ago)
- Memory Stocks Spark a Market Rebound; Dow Jones Joins the Party — The Globe and Mail (8h ago)
- Markets at a glance - Nasdaq Composite index fell 1.5 percent on Thursday — marketscreener.com (4d ago)
- SpaceX shares slide as it joins the tech-heavy Nasdaq-100 — Al Jazeera (14d ago)
- Nasdaq 100 Index Commentary – Monthly Update — invesco.com (11d ago)
Sources
- US stock market opens in green; NASDAQ 100 jumps 1.2%, S&P500 and Dow rises 0.3% on Tuesday — Upstox
- Nasdaq-100 Weekly: Nasdaq-100® Index: 2Q2026 Performance Commentary — Nasdaq
- Market Movers blog: US stocks rise as Iran pushes for negotiations — Investment Week
- Stock Market Today, July 21: Micron Surges 12% as Semiconductor Strength Lifts Nasdaq — The Motley Fool
- Memory Stocks Spark a Market Rebound; Dow Jones Joins the Party — The Globe and Mail
- Markets at a glance - Nasdaq Composite index fell 1.5 percent on Thursday — marketscreener.com
- SpaceX shares slide as it joins the tech-heavy Nasdaq-100 — Al Jazeera
- Nasdaq 100 Index Commentary – Monthly Update — invesco.com
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