Wall Street bounces back, ending higher on renewed tech vigor

SelfRugger · 2026-02-25T00:08:58+00:00

Wall Street's main indexes rose, led by tech stocks, driven by renewed enthusiasm for AI and significant corporate deals. The Dow and S&P 500 gained around 0.75%, while the Nasdaq climbed 1%. Notable movements included boosts for AMD and Meta shares following a $60 billion AI chip deal.

SelfRugger

2026-02-25 00:08:58

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Wall Street bounces back, ending higher on renewed tech vigor

Reuters Videos

Wed, February 25, 2026 at 8:55 AM GMT+9

STORY: Wall Street’s main indexes closed higher on Tuesday, with the Dow and S&P 500 each adding about three-quarters of a percent and the Nasdaq climbing one percent.Tech stocks led the charge as renewed enthusiasm for AI offset concerns over its potential disruptions.Speculation over AI’s possible impact on a variety of sectors has prompted oversized stock moves in recent weeks, with Monday’s steep declines the latest example of on-again, off-again risk appetite.Mike Mussio is president of FBB Capital Partners.“So markets are seeing a relief rally on a pretty ugly day yesterday. [FLASH] We’re getting a little bit of a bounce today on some deal news in terms of a big deal with Meta and AMD. And then also Anthropic is indicating that some of the plug-in features and partnerships with some of these new software companies and data technology, data service companies, that maybe had been left for dead by the stock market, are getting a bounce on some of these you know, potential deals that are coming through.”Anthropic said its new plug-ins were developed jointly with partners, among them Salesforce, FactSet, and Thomson Reuters, which owns the Reuters News agency.Shares of FactSet rose about 6%, while U.S.-listed shares of Thomson Reuters jumped 11.5%.And Salesforce gained about 4%.As for the AMD deal, the company announced it would sell up to $60 billion in AI chips to Meta Platforms over the next five years and allow the Facebook parent to buy as much as 10% of the chipmaker.AMD’s shares rose more than 8%, while Meta inched slightly higher.And shares of Keysight Technologies jumped roughly 23% after the electronic equipment maker forecast second-quarter profit ahead of Wall Street estimates.

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