Nasdaq Leads Wall Street Higher with 1.6% Gain as Tech Stocks Rally

U.S. indices open higher led by tech, with Nasdaq up 1.6%, S&P 500 up 0.9%, and Dow up 0.58%. Broad-based gains reflect easing rate concerns and stable bond yields.

Woofun AI reports that U.S. stock markets opened in positive territory, with technology shares driving a broad-based rally. The Nasdaq advanced 1.6%, outperforming the S&P 500, which climbed 0.9%, and the Dow Jones Industrial Average, which added 0.58%. Market participants cited easing concerns over interest rate trajectories and stabilizing bond yields as key factors supporting the move. Advancing stocks outpaced decliners across most sectors, including consumer discretionary and communication services, following a period of mixed trading driven by inflation data and corporate earnings.