{"id":72059,"date":"2026-09-21T14:07:12","date_gmt":"2026-09-21T18:07:12","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/tech-rally-and-crypto-surge-lead-markets-higher-as-investors-eye-key-earnings\/72059\/"},"modified":"2026-09-21T14:07:12","modified_gmt":"2026-09-21T18:07:12","slug":"tech-rally-and-crypto-surge-lead-markets-higher-as-investors-eye-key-earnings","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/tech-rally-and-crypto-surge-lead-markets-higher-as-investors-eye-key-earnings\/72059\/","title":{"rendered":"Tech Rally and Crypto Surge Lead Markets Higher as Investors Eye Key Earnings"},"content":{"rendered":"<p>U.S. equity markets showed strong upward momentum during Monday afternoon trading on September 21, 2026. Investors appeared to shake off recent volatility, pivoting back toward growth-oriented sectors, particularly technology and semiconductors. The bullish sentiment was further bolstered by a massive rally in the cryptocurrency space, which provided a significant tailwind to digital asset-related equities and communication services.<\/p>\n<h2>Major Market Indexes Performance<\/h2>\n<p>The tech-heavy Nasdaq Composite led the charge among the major averages. The Invesco QQQ Trust (<a href=\"\/stock\/QQQ\">QQQ<\/a>), which tracks the Nasdaq-100, surged 2.56% by mid-afternoon. This outperformance was mirrored by the broader market, as the State Street SPDR <a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a> ETF Trust (<a href=\"\/stock\/SPY\">SPY<\/a>) gained 1.53%.<\/p>\n<p>The blue-chip <a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average, represented by the State Street SPDR Dow Jones Industrial Average ETF Trust (<a href=\"\/stock\/DIA\">DIA<\/a>), saw more modest but steady gains of 0.72%. Meanwhile, small-cap stocks showed resilience, with the iShares Russell 2000 ETF (<a href=\"\/stock\/IWM\">IWM<\/a>) rising 0.6%. The market&#39;s &quot;fear gauge&quot; remained relatively subdued, as the iPath Series B S&amp;P 500 VIX Short-Term Futures ETN (<a href=\"\/stock\/VXX\">VXX<\/a>) edged lower by 0.23%, suggesting a decrease in perceived near-term risk.<\/p>\n<h2>Sector Highlights and Afternoon Activity<\/h2>\n<p>The afternoon session was dominated by a surge in the Technology and Communication Services sectors. The State Street Communication Services Select Sector SPDR ETF (<a href=\"\/stock\/XLC\">XLC<\/a>) jumped 3.84%, while the State Street Technology Select Sector SPDR ETF (<a href=\"\/stock\/XLK\">XLK<\/a>) rose 2.4%. Semiconductors were a particular point of strength, with the VanEck Semiconductor ETF (<a href=\"\/stock\/SMH\">SMH<\/a>) climbing 3.64%.<\/p>\n<p>Digital assets stole the spotlight today. The iShares Bitcoin Trust ETF (<a href=\"\/stock\/IBIT\">IBIT<\/a>) skyrocketed 5.86%, and the iShares Ethereum Trust ETF (<a href=\"\/stock\/ETHA\">ETHA<\/a>) gained 4.09%. This crypto-fueled optimism trickled into AI-focused funds, with the iShares A.I. Innovation and Tech Active ETF (<a href=\"\/stock\/BAI\">BAI<\/a>) gaining 3.58%.<\/p>\n<p>Conversely, the energy sector faced significant pressure as crude <a href=\"https:\/\/stockmarketwatch.com\/energy\/crude-oil\" data-internallinksmanager029f6b8e52c=\"12\" title=\"Crude oil\">oil prices<\/a> retreated. The United States Oil Fund, LP (<a href=\"\/stock\/USO\">USO<\/a>) fell 3.6%, dragging the State Street Energy Select Sector SPDR ETF (<a href=\"\/stock\/XLE\">XLE<\/a>) down by 2.27%. Defensive sectors also lagged, with Utilities (<a href=\"\/stock\/XLU\">XLU<\/a>) and Consumer Staples (<a href=\"\/stock\/XLP\">XLP<\/a>) both trading in the red.<\/p>\n<h2>Major Corporate News and Tickers<\/h2>\n<p>Intel Corp (<a href=\"\/stock\/INTC\">INTC<\/a>) was among the most active stocks of the day, jumping 7.3% following reports of continued progress in its foundry turnaround strategy. <a href=\"https:\/\/stockmarketwatch.com\/stock\/MU\" data-internallinksmanager029f6b8e52c=\"20\" title=\"Stock: MU\">Micron<\/a> Technology, Inc. (<a href=\"\/stock\/MU\">MU<\/a>) also saw heavy volume, rising 2.8% as demand for high-bandwidth memory remains robust.<\/p>\n<p>In the software and crypto-proxy space, Strategy Inc (<a href=\"\/stock\/MSTR\">MSTR<\/a>)\u2014formerly known as MicroStrategy\u2014rose 6.9% in tandem with Bitcoin&#39;s price appreciation. <a href=\"https:\/\/stockmarketwatch.com\/stock\/SNDK\" data-internallinksmanager029f6b8e52c=\"19\" title=\"Stock: SNDK\">Sandisk<\/a> Corporation (<a href=\"\/stock\/SNDK\">SNDK<\/a>) also made waves with a 2.0% gain on high dollar volume.<\/p>\n<p>In the penny stock and speculative arena, Greenland Mines Ltd. (<a href=\"\/stock\/GRML\">GRML<\/a>) witnessed an extraordinary 157.6% surge, while Greenland Energy Company (<a href=\"\/stock\/GLND\">GLND<\/a>) followed with a 151.8% gain. Twin Vee PowerCats Co. (<a href=\"\/stock\/VEEE\">VEEE<\/a>) also saw unusual activity, rising 69.1% on more than 300 times its average volume.<\/p>\n<h2>Upcoming Market Events<\/h2>\n<p>Investors are looking ahead to a busy week of corporate earnings and economic data. Tomorrow, Tuesday, September 22nd, AutoZone, Inc. (<a href=\"\/stock\/AZO\">AZO<\/a>) is scheduled to report its Q4 2026 results before the opening bell. Mid-week highlights include General Mills, Inc. (<a href=\"\/stock\/GIS\">GIS<\/a>) and Cintas Corp (<a href=\"\/stock\/CTAS\">CTAS<\/a>) on Wednesday.<\/p>\n<p>The most anticipated reports arrive on Thursday, September 24th, when retail giant Costco Wholesale Corp (<a href=\"\/stock\/COST\">COST<\/a>) and athletic apparel leader Nike, Inc. (<a href=\"\/stock\/NKE\">NKE<\/a>) report after the market close. These results will provide critical insights into the health of the U.S. consumer and global discretionary spending. Additionally, market participants are keeping a close eye on Treasury yields, with the iShares 20+ Year Treasury Bond ETF (<a href=\"\/stock\/TLT\">TLT<\/a>) currently up 0.45% as the market anticipates future Federal Reserve policy shifts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. equity markets showed strong upward momentum during Monday afternoon trading on September 21, 2026. Investors appeared to shake off [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[94,6824],"tags":[31,95,633,1566,3710,3733,4380,5027],"class_list":["post-72059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-update","category-featured","tag-intc","tag-nasdaq","tag-nvda","tag-mstr","tag-federal-reserve","tag-bitcoin","tag-stock-market","tag-semiconductors"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/72059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=72059"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/72059\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50312"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=72059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=72059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=72059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}