Nasdaq — record close at 27,477 while the chip funds sit 5–15% below their June peaks

The Morning 10

Nasdaq — record close at 27,477 while the chip funds sit 5–15% below their June peaks

1. 1 Nasdaq — record close at 27,477; Nasdaq-100, QQQ and the tech fund XLK at records for a second day
2. 2 Nvidia and TSMC — record closes at 238.90 and 485.80; Broadcom +2.1% but 24.7% below its June high
3. 3 Chips — the semiconductor index is still 10.0% below its 22 June record, the equal-weight chip fund 15.0%
4. 4 Memory and the rest lag — Micron 12.3% below its June high, Intel 17.6%; AMD slips from Friday's record
5. 5 Nasdaq without tech — QQXT hit a one-year low on Thursday; down 2.4% this year while QQQ is up 23.3%
6. 6 Bonds — the 10-year closed at 5.31%, its highest close in a year; tech rose anyway
7. 7 Korea reopens lower — Kospi −1.1%, SK Hynix −3.3%, Samsung −1.5%
8. 8 Japan — Nikkei +1.1% to 70,721, Advantest +3.8%; SoftBank −3.3% after Son's AI warning
9. 9 Print Record — Accenture's window closes tonight; Penguin Solutions reports after the bell
10. 10 US futures +0.1%; oil funds fell 2.3–2.6% on Monday, bitcoin at $85,500

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On the tape

• Western Digital ▲ +6.34%
• Asia close: Nikkei +0.77%, KOSPI -1.34% — KOSPI -1.3% drags Asia