Business & Markets
Nasdaq jumps 2.3% to record as oil prices fall
The Nasdaq rose 2.3% on Monday, September 21, closing at a record while oil prices fell amid optimism over a possible diplomatic breakthrough in the US-Iran war at this week's United Nations gathering.
The technology-heavy index led major US stock indexes. Analysts also cited hopes for progress on artificial intelligence at a US-China summit as a factor supporting the market.
Update
Oil prices retreated amid optimism for a possible diplomatic breakthrough in the US-Iran war at the United Nations gathering.
Analysts also cited hopes for progress on artificial intelligence at a US-China summit.
Source note: AFP news report published on 21 September 2026 at 20:09:55 UTC.
Uncertainty notes
The analysts are not identified.
No figure is provided for the oil-price decline.
Source
AFP news report published on .