Nasdaq climbed significantly over 600 points Thursday at last, ending a six-day losing streak.
The index was up about 2 percent on Thursday.
Microsoft stock soared 17 percent following earnings after its quarterly report and helped pull up the major U.S. indexes.
Chip makers also advanced on the back of demand during the session.
Investors applauded the bounce in the market.
Trading volume was elevated compared to the norm.
Analysts noted the tech boost due to strong earnings.
The rally reached most sectors including healthcare.
Apple said iPhone sales surged driven by new models.
The Australian ASX 200 is projected gaining roughly 1 percent after the Wall Street move reflecting global sentiment.