Strong gains across major indices amid government shutdown resolution

U.S. equities surged today as major indices posted strong gains, with the S&P 500 up 1.54% and the Nasdaq advancing 2.27%. This rally was underpinned by outsized moves in technology, as investors welcomed news of a government shutdown resolution and a sharp drop in market volatility.

Quant Rockets Performance Highlights

Top Gainers Today

Sandisk Corporation (SNDK): +11.89%

Palantir Technologies Inc. (PLTR): +8.81%

SoFi Technologies, Inc. (SOFI): +8.26%

Largest Decliners Today

Cipher Mining Inc. (CIFR): -5.03%

Core Scientific, Inc. (CORZ): -4.46%

IREN Limited (IREN): -3.54%

Quant Rockets mirrored this bullish sentiment, with standout strength across technology and AI infrastructure holdings. Sandisk (SNDK) led the pack, soaring 11.89%, followed by Palantir (PLTR) and SoFi (SOFI), up 8.81% and 8.26% respectively—underscoring momentum in data, fintech, and cloud-driven names.

Semiconductor and hardware stocks were robust: Lumentum (LITE), Coherent (COHR), Celestica (CLS), and Western Digital (WDC) all posted gains above 6%. NVIDIA (NVDA) and Micron (MU) continued their leadership in AI and memory, rising 5.79% and 6.46%. Energy transition names like Bloom Energy (BE) and Nextracker (NXT) also participated, though crypto-exposed equities lagged, with Core Scientific (CORZ) and Cipher Mining (CIFR) falling 4.46% and 5.03%.

Today’s data signals broad-based strength in tech and infrastructure, while crypto miners diverged despite positive moves in Bitcoin and alternative digital assets.

Momentum Model Updates

Upgraded Outlook

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