The market rebound today is a direct response to Microsoft's stronger-than-expected earnings and macro data that leaves a September Federal Reserve interest rate cut highly probable. The NASDAQ Composite jumped 2.07% to 24,949.82, breaking away from a sharp selloff yesterday sparked by macro uncertainty.

NASDAQ Today: Market Snapshot

• Nasdaq-100 index: Trading at 27,889.34, surging 2.56% (+697.04 points).

• Daily trading range: Fluctuation spans from an intraday low of 24,813.84 to a high of 25,112.21.

• Total volume traded: Reached 3,197,443,729 shares changing hands.

NASDAQ Today: Key Market Drivers

• Microsoft Earnings Blowout: Microsoft surged over 8% after smashing its quarterly cloud and AI growth targets, reassuring investors that capital expenditure is yielding real revenue.

• Semiconductor Sector Snapback: Major semiconductor names staged an aggressive recovery following consecutive days of steep corrections.

• Federal Reserve Fallout: Investors are continuing to process the central bank’s decision to hold benchmark interest rates steady at 3.50%-3.75%.

• Geopolitical Oil Movements: Brent crude hovered near $90 a barrel following fresh military updates in the Middle East, which is keeping safe-haven demand elevated.

• Meta Sales Guidance Slowdown: Meta Platforms tumbled 9% after flagging elevated infrastructure budgets alongside a 91% plunge in quarterly free cash flow.

• Spiking Treasury Yields: Long-dated U.S. bond yields hit multi-year highs following hawkish interest rate commentary from incoming leadership, keeping capital-heavy tech stocks sensitive.

NASDAQ Today: Why is Nasdaq Up Today?

The NASDAQ Composite Index is up 2.07% to 24,949.82 primarily because Microsoft's strong cloud earnings validated heavy artificial intelligence investments and triggered a massive rebound in semiconductor and technology stocks.

What is Happening in the US Stock Market Today?

The US stock market is up sharply today, Thursday, July 30, 2026, staging a major relief rally following Wednesday's brutal, Fed-induced 1,150-point Dow plunge. Wall Street is rebounding with force, led by tech and semiconductor shares. Investors are shrugging off a restrictive Federal Reserve policy stance to celebrate a blowout earnings report from Microsoft.

NASDAQ Today: Here's What Investors Should Know

The NASDAQ Composite Index staged a powerful rally today, surging 2.07% to close at 24,949.82 as robust technology earnings and anticipated interest rate cuts reignited investor confidence.

Investors must navigate a highly volatile technology-led recovery right now. The NASDAQ has rebounded 1.8% to 2.07% from yesterday’s heavy losses, driven by strong earnings from Microsoft and a resurgence in semiconductor stocks. However, sticky core inflation, unexpected Federal Reserve dissents, and escalating Middle East geopolitical risks continue to introduce sharp crosscurrents.

Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial advice. The Sunday Guardian suggests that readers consult with a certified financial advisor before making any investment or money-related decisions. The stock market involves significant risk.