{"id":42421,"date":"2025-09-17T17:37:38","date_gmt":"2025-09-17T09:37:38","guid":{"rendered":"https:\/\/www.phillipnova.com.sg\/?post_type=market_trends&p=42421"},"modified":"2025-09-17T17:53:53","modified_gmt":"2025-09-17T09:53:53","slug":"nasdaq-on-its-longest-winning-run-since-2023-could-we-see-more-upside","status":"publish","type":"market_trends","link":"https:\/\/www.phillipnova.com.sg\/cn\/market_trends\/nasdaq-on-its-longest-winning-run-since-2023-could-we-see-more-upside\/","title":{"rendered":"Nasdaq On Its Longest Winning Run Since 2023, Could We See More Upside?"},"content":{"rendered":"
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US equities climbed to new highs on Monday, September 15, as strong demand for big tech stocks and a rebound in Nvidia lifted market sentiment.<\/p>\n

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\u8fd9 Nasdaq 100<\/strong> advanced for the ninth consecutive session, marking its longest winning streak of 2023. The \u6807\u51c6\u666e\u5c14 500 \u6307\u6570<\/strong> broke above the 6,600 level for the first time and is now up more than 35%<\/strong> from the April \u201ctariff tantrum\u201d lows. Meanwhile, the Dow Jones Industrial Average<\/strong> ended little changed.<\/p>\n

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Tech Drives the Momentum<\/h3>\n

Buying interest in large-cap tech continued to fuel the rally. Alphabet<\/strong> became the fourth company to cross the $3 trillion market capitalization<\/strong> milestone, joining Apple, Microsoft, and Nvidia. \u7279\u65af\u62c9<\/strong> shares also turned positive for the year after CEO Elon Musk<\/strong> disclosed a rare $1 billion personal share purchase<\/strong>. The stock has surged 93%<\/strong> from its April lows.<\/p>\n

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US\u2013China Optimism<\/h3>\n

Investor sentiment also improved on signs of progress in US\u2013China relations. Officials said the two countries reached a \u201cbroader consensus\u201d on TikTok, with Presidents \u5510\u7eb3\u5fb7\u00b7\u7279\u6717\u666e<\/strong> \u548c Xi Jinping<\/strong> scheduled to speak on Friday to finalize an agreement. Trump later posted on Truth Social that ties between the two nations remain \u201cvery strong.\u201d<\/p>\n

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Fed Policy in Focus<\/h3>\n

Attention now shifts to the upcoming Federal Reserve policy decision<\/strong> on September 18 (2pm SGT). Markets are hoping for dovish guidance that would support equities and gold, though any cautious \u201cwait-and-watch\u201d stance from Chair Jerome Powell<\/strong> could temper the rally.

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