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Rebound. Nasdaq indices are leading the way higher

U.S. equities rebounded, with Nasdaq-led strength driving the recovery after a sharp prior-session selloff. The Nasdaq gained 2.39% and the Nasdaq 100 rose 2.89%, while the S&P 500 added 1.23% and the Dow advanced 0.68%. The move higher appears tied to a bounce in large-cap tech after mixed earnings reactions, highlighted by Meta falling 9.22% and Microsoft surging 15% following last night’s results. Despite today’s gains, the broader week has been volatile: the Nasdaq had been under pressure, and yesterday the Dow, S&P 500, and Nasdaq all posted sizable declines. The article suggests investors are rotating back into tech and growth names, supporting an intraday rebound in the major U.S. indices.

Category

US Tech 100

Sentiment

Mixed

Event

Market commentary

Reading time

1 min