Nasdaq 100 Rallies as Oil Slides, Yields Retreat: Stock Market Today
Key takeaways
- Stocks surged after the Fed hike as oil prices fell and Treasury yields eased, boosting tech and energy names.
- S&P 500 7,635.21 (+1.1%)
- Nasdaq 100 29,450.56 (+1.8%)
- Dow 51,827.04 (+0.7%)
What happened
U.S. stocks rebounded sharply on Thursday, wiping out two days of losses as crude oil fell from a geopolitical spike and Treasury yields eased back below 5% after the Federal Reserve’s first interest‑rate hike since 2023.
Why it matters
The rally shows investors are digesting the Fed’s rate hike and the easing of oil‑price pressure, which has lifted sentiment across the market and reduced risk‑off sentiment reflected in the VIX and bond yields.
Short-term and longer-term
Short-term. Short‑term traders should watch the Nasdaq 100 and technology ETFs for continued momentum, as the sector led the rally.
Longer-term. Over the next few weeks, investors should monitor how the Fed’s policy stance and oil‑price dynamics influence broader equity valuations.