Which stocks led the rally?

Alphabet (GOOGL), Intel (INTC), Cisco (CSCO), and Micron (MU) led the rally.

Did only tech stocks rise?

The rally was broad-based, including Apple, Microsoft, Amazon, and the Philadelphia Semiconductor Index.

Nasdaq Ends 3-Day Losing Streak as Tech Stocks Rebound

Q: How much did the Nasdaq lose last week?

The Nasdaq lost about 3% last week, its worst weekly performance in months.

The Nasdaq Composite rose 0.8% on Monday, ending a three-day losing streak, as technology stocks rebounded. Alphabet, Intel, Cisco, and Micron all posted gains, with investors buying on the dip after last week's sell-off.

June 8, 2026

2 min read

Source: MT Newswires

The Nasdaq Composite rose 0.8% on Monday, snapping a three-day losing streak, buoyed by a rebound in the technology sector. The index had fallen sharply last week amid concerns over rising interest rates.

Potential Drivers

Major tech stocks led the rally, with Alphabet (GOOGL) up 1.2%, Intel (INTC) gaining 0.9%, Cisco (CSCO) rising 0.7%, and Micron (MU) adding 1.1%. The bounce was attributed to bargain hunting after recent declines, as well as a pullback in U.S. bond yields, which supported high-growth stocks.

Context

The Nasdaq had lost about 3% last week, its worst weekly performance in months, following hawkish comments from Federal Reserve officials. Monday's move suggests investors may be starting to pick up undervalued stocks.

Similar Moves in the Sector

The rally was broad-based, with other tech giants like Apple, Microsoft, and Amazon also posting gains. The Philadelphia Semiconductor Index (SOX) rose 1.3%, reflecting strength across the semiconductor space.

Frequently Asked Questions

The Nasdaq rose 0.8% due to a rebound in tech stocks like Alphabet, Intel, Cisco, and Micron, driven by bargain hunting after last week's sell-off.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.