Nasdaq rose 0.7%
The Nasdaq Composite closed at 25,122.18 on 30 July 2026, a gain of 2.78% on the session. The advance landed after a stretch of weakness rather than on top of a rally.
That one day did not undo the past month. The Composite remained 4.16% lower over the trailing month and effectively flat over the past week, down 0.06%, while the three-month reading stayed positive at 1.82% and the year-to-date figure held at 8.09%. The index finished 7.28% below its 52-week high of 27,093.9 and 21.66% above its 52-week low of 20,650.13. On the moving averages — the rolling average price traders use as a rough trend marker — it sat below its 50-day line of 25,958.36 but comfortably above its 200-day line of 23,984.67, a combination that describes a market still above its longer trend while trading under its shorter one.
Peer markets rose too, though across two dates — the US majors on 30 July, Asia and Europe a session later on 31 July — and the size of the moves varied widely. The S&P 500 added 1.66% and the Dow 1.19%, so the Composite outpaced both of its domestic peers. In Asia the Nikkei climbed 4.03%, the Shanghai Composite 0.72%, the Hang Seng 0.1% and Australia's ASX 200 0.1%, while India's Sensex and Nifty 50 managed 0.21% and 0.27%. Europe was the quietest corner: the FTSE 100 rose 0.22%, the DAX 0.28%, the Euro Stoxx 50 0.63% and the CAC 40 0.78%. Two readings in the peer set were far larger than the rest — KOSPI at 17.91% and TAIEX at 7.98% — the two biggest gains anywhere in the group, landing after a sharp preceding decline in Asian equities.
The headlines around the day point in two directions. A report from tradingkey.com attributed the surge in US stocks to results from Microsoft and SanDisk, and NDTV Profit and indiagazette.com carried similar accounts of a tech-led rebound. Set against that, several correction stories were still circulating: Bloomberg reported the Nasdaq 100 entering a correction after a Fed decision a day earlier, NBC News tied a Nasdaq-100 slide to a sell-off in global chip and memory stocks two days earlier, and a piece from The Motley Fool on the same theme was published only hours before. Those correction headlines describe the decline that preceded this session, not the gain recorded in it, and the Bloomberg and NBC items in particular are already a day or two old.
What the pack establishes is the move itself and its position in the trend. It does not confirm a single driver: the earnings explanation comes from headlines rather than from any data in the evidence here, and none of the figures in the pack isolate a cause.
The numbers
- Level 25,306.61, +0.73% on the day (as of 2026-07-31)
- 1-week +1.32% · 1-month -2.82% · 3-month +1.66% · YTD +8.88%
- 52-week range 20,650.13 – 27,093.90, 6.6% below the high
- Trading below its 50-day average and above its 200-day average
Around the world (same session)
- S&P 500 +0.55%
- Dow +0.51%
- FTSE 100 -0.27%
- DAX +0.07%
- CAC 40 +0.28%
- Euro Stoxx 50 +0.21%
- Nikkei +0.71%
- Hang Seng +0.20%
- Shanghai -0.62%
- KOSPI -1.23%
- TAIEX -0.26%
- ASX 200 -0.78%
- Sensex +0.21%
- Nifty 50 +0.27%
Recent headlines
- Nasdaq Opens Higher, Gains 231.33 Points or 0.92% to Touch 25,353.51 — scanx.trade (3h ago)
- Nasdaq 100 Enters Correction, S&P 500 Falls After Fed Decision — Bloomberg.com (1d ago)
- US Stocks Surge as Nasdaq Composite Index Gains Over 600 Points; Microsoft and SanDisk Jump After Results — TradingKey (21h ago)
- Tech stocks roar, Nasdaq Composite jumps nearly 3% — indiagazette.com (1d ago)
- The Nasdaq Just Entered Its Second Correction of 2026. Here's What Investors Need to Know. — The Motley Fool (9h ago)
- Nasdaq-100 slides into correction as global chip and memory stocks sell off — NBC News (2d ago)
- Zacks Investment Ideas feature highlights: Nasdaq 100 Index ETF and Micron — Yahoo Finance (1d ago)
- Tech Stocks Tumble on Worries Over A.I. Spending and China’s Chips — The New York Times (3d ago)
Sources
- Nasdaq Opens Higher, Gains 231.33 Points or 0.92% to Touch 25,353.51 — scanx.trade
- Nasdaq 100 Enters Correction, S&P 500 Falls After Fed Decision — Bloomberg.com
- US Stocks Surge as Nasdaq Composite Index Gains Over 600 Points; Microsoft and SanDisk Jump After Results — TradingKey
- Tech stocks roar, Nasdaq Composite jumps nearly 3% — indiagazette.com
- The Nasdaq Just Entered Its Second Correction of 2026. Here's What Investors Need to Know. — The Motley Fool
- Nasdaq-100 slides into correction as global chip and memory stocks sell off — NBC News
- Zacks Investment Ideas feature highlights: Nasdaq 100 Index ETF and Micron — Yahoo Finance
- Tech Stocks Tumble on Worries Over A.I. Spending and China’s Chips — The New York Times
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