Nasdaq Surges 2.73% as Tech Leads Broad U.S. Market Rally

Nasdaq jumps 2.73%, S&P 500 rises 1.92%, and Dow gains 1.87% on strong earnings and cooling Treasury yields, signaling renewed risk appetite.

Woofun AI reports that U.S. equities rallied sharply on Tuesday, with the Nasdaq Composite leading intraday gains of 2.73%. The S&P 500 climbed 1.92%, while the Dow Jones Industrial Average rose 1.87%, reflecting broad-based buying across major sectors.

Technology shares led the rebound after months of pressure, supported by stronger-than-expected corporate earnings and a pullback in Treasury yields. Investors are shaking off recent inflation and interest rate concerns, fueled by optimism that the Federal Reserve may be nearing the end of its tightening cycle due to cooling price pressures.