The move pushed the tech-heavy index higher as semiconductor shares continued recovering from bear market territory, with the post also tagging QQQ, SPY and DIA.
The Nasdaq gained more than 1% as chip stocks extended a rebound from bear market territory. The brief market update points to renewed strength in semiconductor shares, a group that often has an outsized influence on the tech-heavy index. The post also referenced QQQ, SPY and DIA, exchange-traded funds tied to major U.S. equity benchmarks.