Nasdaq jumped significantly over 600 points Thursday at last, ending a six-day losing streak.
The index was gaining 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 gained amid optimism during the session.
Investors applauded the bounce in the market.
Trading volume was strong against the average.
Analysts pointed out the tech boost due to strong earnings.
The rally impacted most sectors including healthcare.
Apple reported iPhone sales surged thanks to upgrades.
The Australian ASX 200 is expected gaining roughly 1 percent after the Wall Street move in line with Wall Street.