Nasdaq rose considerably over 600 points Thursday at last, ending a six-day losing streak.
The index was higher about 2 percent on Thursday.
Microsoft stock rose 17 percent on the news after its quarterly report and helped pull up the major U.S. indexes.
Chip makers also moved higher amid optimism during the session.
Investors applauded the bounce with optimism.
Trading volume was elevated compared to the norm.
Analysts pointed out the tech boost in the latest data.
The rally reached most sectors including finance.
Apple stated iPhone sales surged driven by new models.
The Australian ASX 200 is expected gaining roughly 1 percent after the Wall Street move in line with Wall Street.