After a rough stretch for tech, stocks started a crowded week of earnings and a Fed decision on a firmer note, though not every corner of the market joined in.
How did stocks do on Monday?
U.S. stocks rose on Monday, Oct. 26, 2026. The S&P 500 gained 0.70% to about 7,677, the Nasdaq Composite rose 0.82% to 26,169.38, and the Dow Jones Industrial Average added 0.28% to about 52,362. Chip stocks led, while Tesla jumped more than 5% after an analyst upgrade.
The closing figures come from TheStreet and the Motley Fool. In points, the S&P 500 rose about 53, the Nasdaq about 214 and the Dow about 146. The small-company Russell 2000 index gained 0.43%, TheStreet reported.
The bigger gains in the Nasdaq than in the Dow reflect where the buying was: technology and chip stocks, which make up a large share of the Nasdaq. Monday's move came after a rough stretch for tech stocks, which we covered in Sunday night's look at stock futures ahead of the Fed and big tech earnings.
What drove the gains?
Artificial intelligence was the main theme. Anthropic, the maker of the Claude AI models, filed to go public on Nasdaq under the ticker "ANT," and the Motley Fool said strong revenue growth in the filing eased fears that the AI boom was slowing. We explained the filing in our story on Anthropic's IPO plans.
Chipmakers rallied hardest. The Philadelphia Semiconductor Index, which tracks 30 chip stocks, rose 2.82% to 11,083.47, with every member gaining, TradingKey reported. Micron rose 2.98% and Western Digital 3.63%. Nvidia gained 2.4%, according to the Motley Fool.
Tesla (TSLA) rose 5.21% to $391.62 after Barclays upgraded the stock to…
Unlock the full analysis
See the weekly membership price and unlock the full analysis.
See weekly checkoutSee all plansAlready a member? Sign in
Content on The Evergreen Edit is for educational and informational purposes only and is not individualized financial, investment, tax or legal advice. Learn more.
Compound growth estimate
Estimated total
$17,175
Your contributions
$13,000
This is an estimate, not a prediction. Monthly compounding; taxes, fees and inflation are excluded.
This article is for educational purposes only and isn't personalized financial, tax or legal advice. Consider talking with a qualified professional about your situation.
Kiara Miller — Founder & Editor
Kiara Miller is the founder and editor of The Evergreen Edit. He has been doing independent finance research for two decades and reviews every article before it's published.
More about Kiara →Get smarter about your money.
Join readers who get money stories on their chosen topics, daily or as new articles post.
