Tech Stocks Extend Nasdaq Rally After Anthropic-Driven Gains

Tech stocks pushed the Nasdaq Composite up more than 1% on Tuesday, extending a rally that began the previous session on gains tied to Anthropic, according to The Wall Street Journal.

What is driving the rally for a second day?

The advance follows Monday's run-up, when shares tied to Anthropic helped lift broader technology indexes, the Journal reported. The gains carried into Tuesday's session, with tech stocks adding to Monday's advance rather than giving it back, the outlet said.

How much has the Nasdaq gained?

The Nasdaq was up more than 1% as the session progressed, the Journal reported. The index's climb marks a second consecutive day of gains for technology shares after Monday's Anthropic-linked move, according to the outlet. The Journal did not specify a closing level or point total for the advance.

Why does the move trace back to Anthropic?

The Journal described Monday's rally as "Anthropic-inspired," tying the initial move in tech shares to developments involving the artificial-intelligence company. The Journal's report does not detail the specific announcement or event behind Monday's jump, and no additional primary documents on the matter were available at publication.

Are stock futures still rising?

The Journal's own headline on the matter, filed under the heading "Stock Futures Steady as Anthropic Rally Stalls," indicates a more mixed picture heading into the session: futures were described as steady, with the newspaper noting the rally had stalled even as cash-market tech shares continued to post gains. The same report flagged Israel's election as a separate story in focus for markets Tuesday, though the Journal did not detail a direct market link between the vote and the tech rally.

The apparent tension between a "stalled" rally in futures trading and a cash market up more than 1% underscores how fast-moving premarket and intraday price action can diverge within a single trading session. The Journal's dispatch was the only source available on the day's price action at publication.

Timeline of the two-day tech rally

• Monday: Technology shares rally on news tied to Anthropic, lifting the Nasdaq and other tech-heavy indexes, per the Journal.
• Tuesday morning: Stock futures described as "steady" by the Journal, with the newspaper characterizing the Anthropic-tied rally as having "stalled" ahead of the opening bell.
• Tuesday session: Tech stocks add to Monday's gains, pushing the Nasdaq up more than 1%, extending the rally into a second day, according to the Journal's reporting.

What else is in focus for markets this week?

The Journal's report paired its market coverage with news of an election in Israel, listing it alongside the tech rally as a story markets were watching Tuesday. The newspaper's dispatch did not elaborate on how, or whether, the election was expected to affect trading in U.S. technology shares specifically.

No additional figures — including specific point moves, trading volumes, or company-level stock changes — were available in the source material reviewed for this report. Readers seeking the full, updated market wrap can consult the Journal's original story for live updates.