Neutral impactEconomy
US Stock Market Today: S&P 500 Near Record High, Nasdaq In Green As SanDisk, Other Chipmakers Jump Up To 8%
NDTV Profit 1 hr ago·14 Aug 2026, 1:56 pm
US equity benchmarks are trading higher, with the S&P 500 approaching a record high and the Nasdaq Composite in positive territory. This rally is being driven by strong performance in the technology sector, particularly among chipmakers. Stocks like SanDisk have surged, with some gaining as much as 8%.
For investors, this move highlights the market's continued appetite for growth stocks and cyclical technology names. The rally suggests that investor sentiment remains positive despite broader economic uncertainties. It underscores the tech sector's resilience and its critical role in driving broader market gains.
Investors should watch for further volatility in the chip sector and broader economic data. A sustained rally in tech stocks could signal a continued rotation into growth assets, while any pullback in these names might test the market's resilience. Keep an eye on how global trade dynamics and supply chain issues continue to influence these trends.
Key takeaways
- Category: Economy.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
