Nasdaq ends at another record high, Dow underperforms even as oil prices, yields cool
CNBC-TV18 1 hr ago·22 Sept 2026, 11:35 pm
The Nasdaq Composite closed at a fresh all‑time high, while the Dow Jones Industrial Average slipped relative to the broader market. The rally came as oil prices eased and Treasury yields cooled, giving investors a modest risk‑off boost.
Tech‑heavy Nasdaq gains were led by Shopify, which jumped more than 7% after it announced a partnership with Meta to integrate its Muse AI tool. In contrast, financial stocks fell, pulling the Dow lower as investors fretted that artificial‑intelligence could compress margins and fees for brokerage firms, a sector that makes up roughly a quarter of the Dow.
Going forward, traders will be watching for further AI‑related deals, upcoming earnings from major banks and brokerages, and any shifts in oil prices or bond yields that could sway sentiment. Developments in Fed policy or macro data could also influence whether the Nasdaq’s momentum sustains or the Dow’s lag widens.
Key takeaways
- Category: Stocks.
- Flagged as a high-impact, market-moving story.
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