Nasdaq Extends Winning Streak to 12 Sessions as Indexes Hit New Peaks

Apr 16, 2026 13:32 UTC

^IXIC, ^GSPC

Short term

The Nasdaq and S&P 500 continued their upward trajectory on Thursday, pushing toward new record closing highs. The tech-heavy Nasdaq Composite gained 0.2% as momentum persists.

Nasdaq winning streak reaches 12 days
Nasdaq Composite rose 0.2% on Thursday
S&P 500 and Nasdaq targeting new closing highs
Second consecutive day of record-breaking attempts

US equity markets maintained their bullish momentum on Thursday, with the Nasdaq Composite extending its winning streak to twelve consecutive sessions. The rally reflects sustained investor confidence in growth equities, pushing both the Nasdaq and the S&P 500 toward fresh all-time closing highs for the second consecutive trading day. The Nasdaq Composite rose 0.2% during the session, contributing to a broader trend of record-breaking performance across major indices. This steady climb suggests a persistent risk-on appetite among market participants, even as the pace of daily gains remains modest. Market analysts view the current trajectory as a sign of strength in the technology sector, which continues to drive the broader index performance. While the daily movement was incremental, the cumulative effect of the 12-day streak underscores a powerful short-term trend in equity valuations.