Global Tech Rally Lifts Wall Street, Asia Mixed

NEW YORK, Aug 28, 2026— U.S. equities rebounded overnight, driven by strong gains in technology and semiconductor stocks after Nvidia reported better-than-expected earnings and an upbeat revenue outlook. The Dow Jones Industrial Average rose 0.20%, the S&P 500 gained 0.72%, and the Nasdaq Composite surged 1.57%. Nvidia jumped 8.7%, while other semiconductor names including Broadcom and Intel also rallied.

In Europe, the STOXX Europe 600 closed lower as technology gains were offset by weakness in consumer, chemical, and auto stocks. Across Asia, markets ended mixed: South Korea’s Kospi advanced 1.53%, while Japan’s Nikkei 225 slipped 0.20% and Hong Kong’s Hang Seng Index fell 0.34%.

Tech Rally

Global investors are now turning their attention to Federal Reserve Chair Kevin Warsh’s speech at the Jackson Hole symposium for clues on the U.S. interest rate outlook. Technology sentiment remains buoyant, with AI-related and semiconductor counters expected to stay in focus.

Overall, Wall Street’s rebound highlights resilience in tech-driven momentum, though European and Asian markets reflect ongoing caution amid external uncertainties.

Source: APEX

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