Why did the Nasdaq 100 hit a 1.5-week high today?

The Nasdaq 100 reached a 1.5-week high due to strong performance in chip stocks and better-than-expected earnings from technology companies.

What is the OECD's forecast for US GDP in 2025?

The OECD raised its US 2025 GDP forecast to +2.0% from a previous estimate of +1.8%.

Which companies reported strong earnings that boosted stocks?

MongoDB reported stronger-than-expected Q3 EPS, and Credo Technology Group Holding announced better-than-expected Q2 revenue.

Home / Business and Economy / Stocks Surge: Nasdaq Hits 1.5-Week High on Chip & AI Boost

Stocks Surge: Nasdaq Hits 1.5-Week High on Chip & AI Boost

4 Dec, 2025

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Summary

Stock indexes climbed, with the Nasdaq reaching a new high.
Strong earnings from MongoDB and Credo Technology fueled tech gains.
Higher bond yields are tempering some of the market's upward momentum.

Stocks Surge: Nasdaq Hits 1.5-Week High on Chip & AI Boost

US stock markets experienced a notable upswing today, with the S&P 500, Dow Jones Industrials, and Nasdaq 100 all posting gains. The Nasdaq 100 index achieved a 1.5-week high, bolstered by strong performance in chip stocks and encouraging corporate earnings. Technology stocks benefited significantly from these positive results, with companies like MongoDB and Credo Technology Group Holding seeing substantial share price increases after exceeding financial expectations.

Further supporting market sentiment, Boeing saw a considerable rise after its CFO projected positive free cash flow for the upcoming year. However, the rally was somewhat constrained by an increase in bond yields, pushing the 10-year Treasury note yield to a 1.5-week high. This rise in yields suggests a cautious undertone amidst the broader market optimism.