US stocks rose across all three major indexes on 21 September, with NASDAQ setting a new closing record. Among individual stocks, AMD's market capitalization exceeded $1 trillion for the first time. Crude oil prices fell and long-term interest rates also declined.
US stocks rose on 21 September, led by semiconductor and AI-related shares. The NASDAQ Composite closed at 27,122.09, up 599.55 points from the previous day, setting a new closing record. The Dow rose $366.19 and the S&P 500 gained 114.20 points. Although the S&P 500 did not reach a new high, it came within about 0.4% of its record.
Among individual stocks, AMD's market capitalization exceeded $1 trillion for the first time during trading hours. Intel rose 12.2%, Arm Holdings gained 17% and Meta Platforms climbed 11.4%, highlighting gains among large-cap technology stocks. SOX rose 4.3%, with semiconductor stocks driving the broader market higher.
In the crude oil market, North Sea Brent crude futures fell 3.4% from the previous day and traded at around $100.34. In the bond market, the US 10-year Treasury yield fell to around the 5% mark, while bond prices rose. Financial news reports said that lower crude oil prices and declining long-term interest rates supported the stock market.
In the foreign exchange market, dollar-yen traded at around ¥157.37. The Tokyo market was closed the following day. While the rise in NASDAQ stood out, the declines in crude oil prices and US long-term interest rates continued.