{"id":434106,"date":"2026-07-20T20:53:26","date_gmt":"2026-07-20T13:53:26","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/us-stocks-open-higher-nasdaq-index-leads-the-way-higher-434106\/"},"modified":"2026-07-20T20:53:26","modified_gmt":"2026-07-20T13:53:26","slug":"us-stocks-open-higher-nasdaq-index-leads-the-way-higher","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/us-stocks-open-higher-nasdaq-index-leads-the-way-higher-434106\/","title":{"rendered":"US stocks open higher. NASDAQ index leads the way higher."},"content":{"rendered":"<div>\n<p>The major US stock indices are pushing to the upside led by the NASDAQ index.<\/p>\n<p>Looking at the major indices, a snapshot currently shows: <\/p>\n<ul>\n<li>Dow industrial average up 165 points or 0.31% have 52315.<\/li>\n<li>S&amp;P index of 54 points or 0.72% at 7511.20<\/li>\n<li>NASDAQ index up 285 points or 1.12% at 25805.<\/li>\n<\/ul>\n<p>Chip and AI stocks are helping to ignite the rally to start the new trading week. Below are some of those stocks and their percentage changes<\/p>\n<ul>\n<li>Nebius Group is trading up $14.25 or 8.02% at $191.96.\n<\/li>\n<li>\nCredo Technology Group is trading up $13.41 or 6.61% at $216.09.\n<\/li>\n<li>\nLumentum Holdings is trading up $44.37 or 6.05% at $777.19.\n<\/li>\n<li>\nCoherent Corp. is trading up $16.73 or 6.03% at $294.33.\n<\/li>\n<li>\nAdvanced Micro Devices (AMD) is trading up $25.58 or 5.16% at $521.34.\n<\/li>\n<li>\nIntel is trading up $4.91 or 5.17% at $99.95.\n<\/li>\n<li>\nMicron Technology is trading up $42.98 or 5.06% at $891.94.\n<\/li>\n<li>\nSanDisk is trading up $68.92 or 5.09% at $1,423.74.\n<\/li>\n<li>\nApplied Materials is trading up $22.15 or 4.18% at $551.81.\n<\/li>\n<li>\nAstera Labs is trading up $11.38 or 3.75% at $315.00.\n<\/li>\n<li>\nMarvell Technology is trading up $5.59 or 2.96% at $194.27.\n<\/li>\n<li>\nBroadcom is trading up $10.48 or 2.83% at $381.31.\n<\/li>\n<li>\nTaiwan Semiconductor Manufacturing (TSMC) is trading up $10.94 or 2.75% at $409.31.<\/li>\n<\/ul>\n<p>Fundamentally, the markets are being help by hopes for cease-fire in the Straits of Hormuz. <\/p>\n<p>Technically, looking at the NASDAQ index, the price is testing its 100 and 200 hour moving averages. The 200 hour moving averages at 25931.02. The 100 hour moving averages at 25974.15. The high price reached 25810.54 and currently trades at 25803. If the buyers are to take more control, they would need to get above those hourly moving averages at the higher levels.<\/p>\n<\/p>\n<p>For the S&amp;P index, it trades between its 200 and 100 hour moving averages. The 200 hour moving averages at 7465.15. The 100 hour moving averages at 7508.65. The current price is at 7503 \u2013 just below the 100 hour moving average. If the price can get and stay above the 100 hour moving average, the next target would be up near 7577.92..<\/p>\n<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The major US stock indices are pushing to the upside led by the NASDAQ index. Looking at the major indices, a snapshot currently shows: Dow industrial average up 165 points or 0.31%&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-434106","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/434106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=434106"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/434106\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=434106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=434106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=434106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}