The Nasdaq Composite closed its second-quarter trading session with its best performance since 2020, driven by sustained investor demand for stocks linked to artificial intelligence.
The tech-heavy index led broader US markets to a positive finish for the three-month period, marking a resilient conclusion to a turbulent stretch for equity investors.
The rally underscores the continued dominance of the technology sector in shaping market returns.
While the Dow Jones Industrial Average and S&P 500 also posted gains, the Nasdaq’s outperformance highlights how concentrated buying in AI-related equities has become a primary engine for US market growth.
This dynamic has allowed the tech index to outpace broader benchmarks, reinforcing the narrative that innovation-driven sectors are leading the current market cycle.
US equity markets as a whole are closing in on their strongest quarterly performance in six years.