ET 16:30

Nasdaq Surges 1.8% to 16,800; Dow Inches Toward 46,000 Close

The Nasdaq Composite closed 1.8% higher on February 9, 2026, reaching 16,800, as tech stocks led gains. The Dow Jones Industrial Average added 0.3% to end at 45,982, its highest close since December 2023. Sectoral momentum favored information technology and communication services, with biotech and semiconductors contributing broad-based strength. Federal Reserve rate hike expectations tempered by mixed economic data and a strong dollar provided some tailwind to equities.

EditorWong Mei Ling