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Wall Street closes sharply higher as AI chips surge, oil sinks and crypto joins the risk-on rally Wall Street closes sharply higher as AI chips surge, oil sinks and crypto joins the risk-on rally

Wall Street closes sharply higher as AI chips surge, oil sinks and crypto joins the risk-on rally

Executive summary: US stocks finished broadly higher, led by a powerful rebound in AI and semiconductor shares. The S&P 500 rose 2.36%, the Nasdaq Composite gained 4.86% and the Russell 2000 added 0.68%, while the Dow Jones slipped 0.44%. The biggest moves came in SOXX, Meta, Nvidia and Tesla, alongside a steep drop in WTI crude and a jump in Bitcoin. The session points to a market rotating toward growth, while energy and financials lagged. [Continue Reading]

360LiveNews Markets Intelligence 360LiveNews Markets Intelligence | 22 Sep 2026 21:15 LONDON
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