By Piyush Shukla
Publication Date: 2026-02-09 17:05:00
NASDAQ Composite surged 257.57 points (1.12%) to reach 23,288.78 on Monday, signaling a high-octane recovery for technology stocks as the AI trade regains its momentum. This rally comes on the heels of the Dow Jones Industrial Average breaching the historic 50,000 milestone for the first time, an event that underscores the sheer resilience of the 2026 bull market despite recent volatility. While the Dow remained relatively flat with a marginal gain of 0.04% to close at 50,134.54, the S&P 500 climbed 0.62% to finish at 6,975.59.
Energy markets also saw upward movement on Monday, with WTI Crude Oil rising 1.54% to $64.53 and Brent Crude climbing to $67.91. This uptick in energy prices contributed to the broader gain in the S&P 500, though it was offset by a sharp 7.19% drop in Natural Gas prices.
In the retail and healthcare space, Hims & Hers Health (HIMS) experienced a massive sell-off, plummeting 25.52% on high volume. Conversely, TeraWulf (WULF), a player in the crypto-mining…
