Nasdaq hits record high as oil dips on crude flows

The Nasdaq reached a record closing high driven by strong AI demand and tech stocks. Meanwhile, oil prices and Treasury yields declined as crude flows through the Middle East improved and supply fears eased.

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Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 16, 2026. REUTERS/Jeenah Moon

The Nasdaq hit a record closing high on Tuesday, rising 0.45% as AI demand propelled MICRON TECHNOLOGY INC and other tech stocks.

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