Stock Market News, Sept. 22, 2026: Nasdaq logs fresh record as chip stocks extend rally, while Dow sheds 185 points as bank shares face pressure - MarketWatch

The Nasdaq Composite closed at a fresh record on Tuesday, Sept. 22, 2026, powered by continued strength in semiconductor stocks as the chip sector's rally extended further.
Technology and chip shares remained the standout performers of the session, driving gains that pushed the tech-heavy index to new highs.
In contrast, the Dow Jones Industrial Average fell 185 points, weighed down by weakness across the broader market and a notable decline in bank stocks.
Bank shares came under pressure during the trading day, contributing to the divergence between the record-setting Nasdaq and the retreating Dow.
The mixed session highlighted a split in market sentiment, with investors favoring technology and semiconductor names while pulling back from financial stocks.