Tech Giants Support Nasdaq Composite Amid Oil Price Surge

The Nasdaq Composite is being supported by strong performance from major tech companies despite a rise in oil prices due to renewed Iran tensions. Crude oil futures rose over 3% as conflicting reports of an Iranian attack on U.S. warships caused market jitters, but energy prices eased after denials emerged.

By Gerelyn Terzo May 4, 2026 3 min read · Yahoo Finance · May 4, 2026, 13:33 UTC

Tech Giants Support Nasdaq Composite Amid Oil Price Surge

Tickers: $AMD $AMZN $EBAY $GME $GOOGL

Topics: earnings Nasdaq Composite oil prices tech stocks

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