Nasdaq rose dramatically 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 moved higher amid optimism during the session.
Investors cheered the bounce in the market.
Trading volume was elevated compared to the norm.
Analysts pointed out the tech boost in the latest data.
The rally touched most sectors including healthcare.
Apple reported iPhone sales surged driven by new models.
The Australian ASX 200 is seen gaining roughly 1 percent after the Wall Street move in line with Wall Street.