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Nasdaq Composite closes at a record as Meta and chip stocks surge

The Nasdaq Composite closed at a record 27,122.09, up 2.26%, as technology shares led Monday’s rally. Meta gained 11.34%—its strongest day since April 2025—amid enthusiasm for its Muse AI assistant. Intel, AMD and Arm also surged as investors considered the computing demand that widely used AI assis

Why it matters

META · Why linked: Meta surged 11.34% on enthusiasm for its Muse AI assistant, driving the Nasdaq rally. Market context: Meta shares jumped 11.34% in a single session, marking their strongest day since April 2025.

QQQ (Invesco QQQ) · Why linked: The Nasdaq Composite closed at a record high, and QQQ tracks the Nasdaq-100 which is heavily weighted toward tech. Market context: Nasdaq Composite reached a record close of 27,122.09, up 2.26%, reflecting broad tech strength.

SOXX (iShares Semiconductor ETF) · Why linked: Chip stocks surged as part of the tech-led rally that pushed the Nasdaq to a record. Market context: Semiconductor stocks rallied alongside Meta, contributing to the Nasdaq's record close.

How QQQ, SOXX usually react

This story is too recent for its own reaction record — we score each asset against the actual price move 24h after publication. These are the long-run figures across every event we have tracked for them.

AssetEventsAvg max moveClosed lower
QQQ5+1.04%40%
SOXX7+1.88%29%

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