📅 Daily Highlights – What Moved the Nasdaq Last Week
The past trading week offered a mix of excitement and caution across Wall Street. This section breaks down each weekday’s movements, bringing you essential Nasdaq updates and real-time reflections on company performance that helped shape the market direction.
From tech surges to international headlines, here’s what drove the Nasdaq throughout the week:
📈 Monday: Slow Start, But Stable Sentiment
Monday kicked off with a muted tone. Investors appeared to be cautiously optimistic, waiting for critical inflation data due midweek. Trading volumes were relatively light, but there was notable movement in smaller tech names. No major shocks hit the board, but subtle hints of upcoming volatility could be sensed from institutional activity.
💡 Nasdaq updates for Monday showed a slight gain, reflecting overall market steadiness.
📈 Monday: Technical Calm, Wait-and-See
Technical Analysis
- The Nasdaq Composite opened near its 21‑day EMA and closed just above, showing neutral momentum.
- Volume was light, suggesting limited conviction from traders.
Fundamental Analysis
- No major economic data was released; investors held off ahead of CPI and retail sales.
- Earnings season has slowed, reducing fresh catalysts for company performance this day.
News Flow
- Market participants were on guard while awaiting U.S. inflation figures.
- No sector-specific headlines, keeping Nasdaq updates
🚀 Tuesday: Strong Earnings, Chip Stocks Rally
Tuesday brought the heat—markets surged on the back of impressive revenue figures from major chipmakers. Taiwan Semiconductor (TSMC) reported a 39.6% year-on-year increase in sales, giving semiconductor stocks a major boost. Investors were also encouraged by rumors of easing trade tensions between the U.S. and China, further fueling the upward move.
Not only did this day shine a spotlight on tech, but it also reflected improving company performance in hardware-driven sectors.
🚀 Tuesday: Chip Surge, Trade Optimism
Technical Analysis
- Nasdaq jumped ~0.6%, breaking above its 10‑day moving average—bullish short-term signalcom+1investors.com+1investors.com.
- Increased volume confirmed strength, especially in semiconductors.
Fundamental Analysis
- TSMC revenue in May surged 39.6% year-on-year—critical driver behind chip stockscom.
- Chip equipment names like Applied Materials and KLA also delivered solid earnings, boosting company performance.
News Flow
- Positive comments on U.S.–China trade by Commerce Sec. Lutnick reinforced tech optimismcom+11investors.com+11investors.com+11.
- Oil & gas also rallied, but heavy construction and mining lagged.
💹 Wednesday: Sideways Moves, Fed Watch
Midweek was all about patience. With the Federal Reserve’s next policy move under the microscope, investors hesitated to make big plays. The Nasdaq moved sideways, staying close to Tuesday’s highs. Market participants parsed through Fed speeches and labor data for clues on rate directions.
📊 While no big headlines dominated, many analysts saw signs of strength beneath the surface in enterprise software and cloud-based tech stocks.
💹 Wednesday: Sideways with Fed Focus
Technical Analysis
- Nasdaq slightly consolidated in a range between ~19,390 and 19,450.
- RSI hovered around 55—neutral zone, no overbought/oversold signals.
Fundamental Analysis
- No major earnings released; limited corporate triggers for company performance.
- Focus remained on potential Fed commentary later in the week.
News Flow
- Investors parsed Fed speeches for policy tone; mixed labor and jobless claims data emerged.
- Without clear macro direction, Nasdaq updates stayed calm and cautious.
📊 Thursday: Oracle Shines, Sentiment Builds
Thursday saw the Nasdaq push higher, driven in large part by Oracle’s standout earnings. The software giant posted better-than-expected revenue and optimistic forward guidance, causing shares to jump over 13%. This uplift carried several SaaS and cloud-based stocks along for the ride.
From an investor standpoint, Thursday’s company performance proved how one earnings report can echo across sectors, especially in an index like the Nasdaq that’s heavily tech-weighted.
At the same time, falling Treasury yields hinted at improving sentiment about the inflation outlook.
📊 Thursday: Oracle-Inspired Rally
Technical Analysis
- Nasdaq rallied ~0.2%, reclaiming levels near 19,500—regaining short-term momentum.
- Oracle’s pop triggered a sector rotation, lifting SaaS and cloud stocks.
Fundamental Analysis
- Oracle beat earnings expectations and issued strong guidance; shares surged ~13%, pulling peers highercom+1finance.yahoo.com+1edwardjones.cominvestors.com.
- Treasury yields drifted lower (~10‑yr at ~4.35%), easing funding pressures on growth stocks.
News Flow
- Oracle’s report was the main headline in Nasdaq updates, underscoring the impact of one large-cap performer.
- News of potential Fed rate signal ahead wrapped around the earnings beat.
🔻 Friday: Reality Check Hits Hard
Friday was a wake-up call. Reports of military action in the Middle East—specifically between Iran and Israel—spooked global markets. Risk sentiment evaporated, and the Nasdaq fell sharply. Defensive sectors like utilities and energy saw modest inflows, but tech and high-growth names were broadly sold off.
Oil prices surged, triggering renewed inflation concerns and damping hopes for near-term rate cuts. The market’s retreat was less about company performance and more about global macro fears.
📉 Nasdaq updates closed the week on a red note, reminding investors of the fragile balance between economic data and global tensions.
🔻 Friday: Geopolitical Shock and Pullback
Technical Analysis
- Nasdaq dropped ~1.3%, falling below its 10‑day MA but holding above the 21‑day EMA—short-term bearish, mid-term still intactwikipedia.org+4en.wikipedia.org+4edwardjones.com+4 investors.com
- Decliners outnumbered advancers by more than 4-to-1, volume spiked on the sell-offcom.
Fundamental Analysis
- No major corporate results; company performance took a backseat to macro events.
- Oil spiked ~8.3% (+$73/bbl), pressuring markets and raising inflation concernscom.
News Flow
- Escalation between Iran and Israel rattled investors, driving risk-off sentimentcom.
- Oil surge and geopolitical risk overshadowed Fed and economic data narratives.
| Date | Open | High | Low | Close | Avg Price | Volume (shares) | $ Volume (USD) | VIX | VXN |
| Mon 6/9 | 19,573.14 | 19,637.56 | 19,531.10 | 19,591.24 | 19,573.14 | 1.41B¹ | $348.10 B⁴ | – | 20.17⁸ |
| Tue 6/10 | 19,620.11 | 19,730.38 | 19,539.09 | 19,714.99 | 19,620.11 | 1.43B⁸ | $351.72 B⁴ | – | 19.82⁸ |
| Wed 6/11 | 19,578.87 | 19,800.46 | 19,551.35 | 19,615.88 | 19,578.87 | 1.43B⁸ | $354.29 B⁴ | – | 20.38⁸ |
| Thu 6/12 | 19,578.87 | 19,690.61 | 19,553.56 | 19,662.48 | 19,578.87 | 1.40B⁴ | $292.59 B⁴ | – | 20.69⁸ |
| Fri 6/13 | 19,450.93 | 19,591.87 | 19,367.42 | 19,406.83 | 19,450.93 | 1.28B⁸ | – | 20+ 20.38²⁹ | 22.41³¹ |
| Index | Open | Close | High | Low | Avg Price | 10‑day MA | 21‑day EMA | 50‑day MA | |
| Nasdaq Composite | 19,450.90 | 19,406.83 | 19,591.87 | 19,367.42 | ~19,454.50 | ~19,598 | ~19,280 | ~18,032 | |
| Nasdaq‑100 Futures | 21,871.00* | 21,644.25 | 21,977.25 | 21,471.00 | 21,534.72 | — | — | — |