Veytics Intelligence
2026-09-21 · Yahoo

Tech Stocks Break Out: The Next Leg of the Bull Market

After consolidating for roughly four and a half months, the Nasdaq and broader technology sector are finally breaking out of their trading ranges. That breakout is especially notable given just how much bad news the market has absorbed since the summer. Investors have navigated the blowup of a major AI-focused hedge fund, a sharp correction across the semiconductor industry, growing concerns around the pace and potential disruption of AI development, renewed tensions in the Middle East, and a surge in interest rates toward multi-decade highs alongside a shift toward tighter monetary policy. And yet, the market has taken it largely in stride.

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