Nasdaq-100 surges 3% as tech experiences a strong rebound
Wall Street’s technology-focused benchmarks staged a strong rebound on Monday, with both the Nasdaq-100 
NDX and the broader Nasdaq Composite 
COMP advancing more than +2%.
The Nasdaq-100 climbed +3%, while the Composite rose +2.5%, underscoring renewed demand for growth-oriented shares even as Nvidia 
NVDA declined more than -4%.
Breadth remained constructive: 76 of the Nasdaq-100’s constituents were in positive trading territory. Astera Labs 
ALAB led the advance, surging +12.2% and standing out among the session’s strongest performers. The broad participation helped the growth complex push higher despite the notable lag from the semiconductor giant.
The session highlighted a rotation within the tech space rather than a narrow, single-stock driven move. Investors appeared to favor a wider set of names, supporting the overall indexes even as one of the market’s heaviest-weighted components underperformed.
Spotlighted below are the top 10 performing NDX names for the session:
- Astera Labs ALAB, +12.2%
- Lumentum Holdings
LITE, +11.6% - Rocket Lab
RKLB, +10.3% - Monolithic Power Systems
MPWR, +10.1% - Advanced Micro Devices
AMD, +9.4% - Marvell Technology
MRVL, +9.1% - Applied Materials
AMAT, +9.0% - Seagate Technology
STX, +8.5% - Western Digital
WDC, +8.1% - Broadcom
AVGO, +8.0%