Wall Street’s Nasdaq hits all-time high as AI frenzy gathers pace
Wall Street's Nasdaq index reached an all-time high as investor enthusiasm for artificial intelligence outweighed concerns regarding tech valuations, AI safety, and geopolitical conflict involving Iran. Major tech stocks and semiconductor manufacturers led the market gains.
Why it matters
Demonstrates the persistent strength and resilience of the tech sector and AI-driven market rally despite broader macroeconomic and geopolitical headwinds.
Investors shrug off AI safety concerns and Iran war, sending market to a new peak.
x whatsapp-stroke copylink google Add Al Jazeera on Google info A street sign for Wall Street is seen outside the New York Stock Exchange in New York City [File: Andrew Kelly/Reuters] By John Power Published On 23 Sep 2026 23 Sep 2026 Wall Street’s Nasdaq stock exchange has hit an all-time high, shrugging off concerns about AI safety risks, sky-high tech valuations and the energy shock caused by the United States’ war on Iran.
The Nasdaq Composite index, which is dominated by US tech giants such as Nvidia, Apple and Microsoft, rose 0.45 percent on Tuesday, taking its gains to date this year to more than 17 percent.
The Nasdaq 100, a narrower index that tracks 100 top companies, jumped 0.82 percent.
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