The Nasdaq Composite reached a new intraday high on 22 September in a session supported by investor optimism about artificial-intelligence adoption and the revenue technology companies may generate from new products.

Interest in the AI sector supported chipmakers and major technology platforms. The move shows that investors continue to assign high valuations to companies considered capable of turning substantial spending on data centres and AI models into recurring revenue.

Oil prices, meanwhile, fell to their lowest level in roughly two weeks as supply prospects in the Middle East improved. Prices remain highly sensitive to diplomatic negotiations and conditions affecting major shipping routes.

An intraday high is not the same as a record confirmed at the market close. Exact index, oil and currency values should be updated after the session ends, and past performance does not guarantee future gains.

Agency market wrap-ups provide context for the trading day, but final figures should be checked against official market-close data.

Investors continue to watch results from major technology companies and any signal on AI infrastructure spending, which can influence short-term volatility.

Source consulted: Reuters — Global markets wrap-up, 22 September 2026