On Wednesday, major technology stocks broadly advanced, with Amazon.com (AMZN.US) climbing more than 7%, Microsoft (MSFT.US) rising over 6%, Apple (AAPL.US) gaining nearly 6%, Alphabet (GOOGL.US) up 4%, and Meta Platforms (META.US) adding over 1%.

All three major US stock indices posted strong gains, with the Dow Jones Industrial Average up 2.12%, the Nasdaq up 2.14%, and the S&P 500 up 1.67% as of press time.