Business · Markets · 2 hrs ago
Technology stocks rebound in US and Asian markets
Technology shares rebounded in the United States on Friday after steep losses the day before.
The Nasdaq 100 rose 1.35%, while semiconductor shares gained 4.2%, helping lift the S&P 500.
The recovery spread to Asian markets, where the MSCI Asia Pacific Index rose 2.4%, Taiwan’s Taiex gained 6% and Japan’s Nikkei 225 climbed 3.4%.
Strong US jobs data and improved consumer confidence have strengthened expectations that the Federal Reserve could raise interest rates in December.
Investors remain concerned that artificial intelligence rules could tighten and that high AI spending may not last.
US inflation data due Tuesday is the next major focus for markets, which are pricing in about an 80% chance of a rate increase by year-end.
The sources give different figures for the Nasdaq 100’s rise, with one reporting 1.35% and the other 3%.
Technology stocks rebounded in US and Asian markets after sharp recent selling.
Bloomberg HT reported the Nasdaq 100 rose 1.35% on Friday, while Business Insider’s headline said it surged 3%.
The MSCI Asia Pacific Index gained 2.4%, led by a 6% rise in Taiwan’s Taiex.
Strong US jobs data and higher consumer confidence strengthened expectations of a Federal Reserve rate increase in December.
Concerns remained about possible tighter artificial-intelligence regulation and the sustainability of high AI spending.
- Who
- Technology stocks and major market indexes in the United States and Asia.
- What
- Stocks rebounded after recent selling. Bloomberg HT reported a 1.35% Friday rise in the Nasdaq 100; Business Insider’s headline reported a 3% surge.
- When
- Friday, as reported on November 9, 2026. Asian markets also rebounded.
- Where
- US and Asian markets, including Taiwan and Japan.
- Why
- Dip buying and the closing of short positions supported the US recovery, which spread to Asia. Chip demand expectations also supported technology shares.
This story does not have two clearly opposing sides.
US technology shares rebounded after the previous day’s sharp selling.
Technology-led gains spread to Asian markets, including Taiwan and Japan.
US inflation data was due to be the markets’ next main focus.
- Nasdaq 100
- Bloomberg HT reported a 1.35% rise on Friday; Business Insider’s headline reported a 3% surge.
- Semiconductor stocks
- Rose 4.2%, according to Bloomberg HT.
- MSCI Asia Pacific Index
- Rose 2.4%.
- Taiwan Taiex
- Rose 6%.
- Japan Nikkei 225
- Rose 3.4%.