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Nasdaq Rebounds as Tech Shares Recover
US equities rebounded as stronger-than-expected economic data restored confidence in growth momentum. The Nasdaq 100 rose 0.8% and the S&P 500 gained 0.6%, signalling renewed appetite for technology stocks after recent AI-related disruption fears weighed on sentiment.
The rally spilled into Asia, with the MSCI Asia Pacific Index climbing for a second session. Markets in Australia and Japan advanced, while South Korea reached a record high. Meanwhile, oil prices surged, with WTI jumping 4.6% above $65 and Brent reclaiming $70 for the first time in over two weeks.
Robust US industrial production, stronger business equipment orders, and a rise in housing starts suggest economic resilience entering 2026. However, bond markets remain cautious, with weak demand at a 20-year Treasury auction highlighting ongoing concerns around yields and inflation.
Discover how strong US economic data, renewed tech buying, and shifting bond yields are driving the Nasdaq rebound and what key resistance levels traders are watching next in this article.
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