Nasdaq rose considerably over 600 points Thursday in a relief, ending a six-day losing streak.
The index was gaining about 2 percent on Thursday.
Microsoft stock surged 17 percent following earnings after its quarterly report and helped pull up the major U.S. indexes.
Chip makers also moved higher amid optimism during the session.
Investors applauded the bounce with optimism.
Trading volume was above average by a wide margin.
Analysts observed the tech boost as the sector surged.
The rally touched most sectors including healthcare.
Apple said iPhone sales surged after a launch.
The Australian ASX 200 is seen gaining roughly 1 percent after the Wall Street move in line with Wall Street.