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The Nasdaq closed at a record high for the second day in a row. Oil prices fell to a two-week low.

Rinat Tairov

Rinat Tairov

Editor Oninvest
The Nasdaq closed at a record high for the second day in a row / Photo: Shutterstock.com/jmagfoto

The Nasdaq closed at a record high for the second day in a row / Photo: Shutterstock.com/jmagfoto

The Nasdaq Composite technology stock index set a record for the second day in a row at the close of trading on Tuesday, September 22. It rose 0.45% to 27,244.278 points. At its intraday peak, it climbed even higher, reaching a new all-time high of 27,288.79 points. The index rose for the fourth consecutive trading day. The Nasdaq 100, which includes the 100 largest companies by market capitalization in the index, rose 0.8% during the day.

The Russell 2000 small- and mid-cap index also ended Tuesday in positive territory (+0.51%), while the blue-chip index fell 0.36%, and the S&P 500 broad-market index remained virtually unchanged.

MarketWatch noted that the decline in oil prices to a two-week low helped limit the negative impact on the broader market. Contracts for U.S. WTI crude fell 1.2% to $94.59 per barrel: this marks the fifth consecutive day of declines, the publication reports. Brent fell 1.1% to $99.25.

This news story is being updated...

This article was AI-translated and verified by a human editor

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