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Wall Street closes higher as megacap tech, Tesla and chip stocks lead a broad risk-on session Wall Street closes higher as megacap tech, Tesla and chip stocks lead a broad risk-on session

Wall Street closes higher as megacap tech, Tesla and chip stocks lead a broad risk-on session

Executive summary: U.S. equities finished sharply higher, with the Nasdaq Composite up +2.5% and the S&P 500 gaining +2.0% as investors rotated into technology and AI-linked names. Tesla surged +6.5%, Amazon rose +4.3%, and Nvidia added +4.0%, helping offset weakness in bitcoin, ether, crude oil and several metals. The move came alongside a softer tone in WTI crude and a stronger U.S. dollar versus the yen, while small caps lagged and defense shares slipped. [Continue Reading]

360LiveNews Markets Intelligence 360LiveNews Markets Intelligence | 07 Oct 2026 21:15 LONDON
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