Stock Market Today: The NASDAQ 100 Index rose 1.44% after a sell-off at AI
2026-10-19 23:30:55
CoinMeta data: The Nasdaq 100 index rose by about 1.44% during the opening rebound on October 19, adding an estimated $470 billion to the market value of U.S. stocks. After experiencing the AI sell-off last week, investors have once again turned their attention to artificial intelligence and semiconductor stocks. Although the Nasdaq Composite Index fell by about 4.5% last week, the buying activity on Monday indicates that investors are reconsidering the valuations related to AI. Analyst Dan Ives believes that the sell-off of AI stocks provides investors with an opportunity to acquire companies that benefit from long-term computing demands.
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Source:Coinpaper
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