US Stocks Rebound on Big Tech Gains

2026-09-02 20:12 By Isabela Couto 1 min. read

US stock indices closed higher on Wednesday, rebounding as heavyweight technology stocks posted gains.

The S&P 500 rose 0.5%, the Nasdaq gained 0.2%, and the Dow added 295 points.

Financials and technology shares recovered after rising Treasury yields in recent sessions had weighed on the outlook for credit-sensitive sectors.

Hyperscalers were mostly higher, with Alphabet up 0.6%, Meta rising 2.5%, and Oracle gaining 3.1%.

Alphabet was also supported after a federal judge ruled that Google would not have to divest its advertising exchange, instead requiring the company to make its ad-tech tools interoperable with rivals.

Meanwhile, Nvidia jumped 3.2% on reports it is nearing a $14 billion acquisition of AI startup Hugging Face.

Dell soared 15.8% after beating earnings expectations and raising its revenue guidance.

In contrast, Palo Alto sank 9.3% despite posting better-than-expected quarterly results, while Broadcom shed 0.7% ahead of its earnings report after the closing bell.



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US stock indices closed higher on Wednesday, rebounding as heavyweight technology stocks posted gains. The S&P 500 rose 0.5%, the Nasdaq gained 0.2%, and the Dow added 295 points. Financials and technology shares recovered after rising Treasury yields in recent sessions had weighed on the outlook for credit-sensitive sectors. Hyperscalers were mostly higher, with Alphabet up 0.6%, Meta rising 2.5%, and Oracle gaining 3.1%. Alphabet was also supported after a federal judge ruled that Google would not have to divest its advertising exchange, instead requiring the company to make its ad-tech tools interoperable with rivals. Meanwhile, Nvidia jumped 3.2% on reports it is nearing a $14 billion acquisition of AI startup Hugging Face. Dell soared 15.8% after beating earnings expectations and raising its revenue guidance. In contrast, Palo Alto sank 9.3% despite posting better-than-expected quarterly results, while Broadcom shed 0.7% ahead of its earnings report after the closing bell.
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