Nasdaq jumped significantly over 600 points Thursday finally, 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 amid optimism during the session.
Investors applauded the bounce with optimism.
Trading volume was elevated against the average.
Analysts noted the tech boost as the sector surged.
The rally touched most sectors including finance.
Apple said iPhone sales surged driven by new models.
The Australian ASX 200 is projected gaining roughly 1 percent after the Wall Street move mirroring US gains.