U.S. stocks rally on rate hike; chip stocks lead gains; crypto treasury stocks rise

KuCoinFlash

Release Time: 2026/09/17 23:53:30

Summary

The market rally gains momentum as U.S. stocks rebound sharply following the rate hike, with the Nasdaq up 1.69%, the S&P 500 rising 1.1%, and the Dow adding 0.6%. Chip stocks led the gains, with Arm up nearly 9%, Intel up 7.6%, and AMD up 6%. On-chain data shows crypto treasury holdings also rose, with BNB treasury stock BNC up 13.87%, and BMNR and MSTR both up nearly 5%.

BlockBeats news: On Thursday, September 18, at the close of U.S. stock market trading, the Dow Jones Industrial Average rose preliminary by 0.6%, the S&P 500 increased by 1.1%, and the Nasdaq gained 1.69%.

According to BIT (bit.com) market data, among individual stocks, semiconductor stocks led the gains: SK Hynix rose 4.6%, NVIDIA rose 2.5%, AMD rose 6%, Intel rose nearly 7.6%, Arm rose nearly 9%, and SanDisk rose 6.21%.

Although Bitcoin remains in a bottoming phase, crypto treasury stocks rose broadly yesterday, with HYPE treasury stock PURR up 12.15%, BNB treasury stock BNC up 13.87%, and both BMNR and MSTR rising nearly 5%.

West Texas Intermediate crude briefly fell below $100 per barrel, while Brent crude dropped over 4%. Spot gold rose nearly 3%, and copper prices increased over 2%.

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