Tech Rebound Lifts Wall Street Ahead Of Key Earnings
UrduPoint / Pakistan Point News / WAM – 26th Aug, 2026
Major US stock indices ended Tuesday’s session in positive territory, boosted by a recovery in technology equities as market participants prepared for upcoming quarterly financial reports from AI chipmaker Nvidia.
- The S&P 500 rose 0.31% to finish at 7,676.62.
- Nasdaq Composite advanced 0.64% to 26,145.47.
- Dow Jones Industrial Average moved up 0.29% to settle at 53,572.91.
The upward momentum was primarily driven by bargain hunting in mega-cap technology stocks following a brief sell-off in the previous session. Investors pushed prices higher across the semiconductor sector amid optimism that strong enterprise AI spending will continue to drive robust top-line revenue growth.
Related Topics:
- Technology
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