Nasdaq jumped considerably over 600 points Thursday finally, ending a six-day losing streak.
The index was higher about 2 percent in trading.
Microsoft stock soared 17 percent after the report after its quarterly report and helped pull up the major U.S. indexes.
Chip makers also gained as chips rallied during the session.
Investors applauded the bounce with optimism.
Trading volume was elevated against the average.
Analysts pointed out the tech boost due to strong earnings.
The rally touched most sectors including healthcare.
Apple stated iPhone sales surged after a launch.
The Australian ASX 200 is expected gaining roughly 1 percent after the Wall Street move reflecting global sentiment.