Nasdaq jumped dramatically over 600 points Thursday finally, ending a six-day losing streak.
The index was gaining about 2 percent on Thursday.
Microsoft stock soared 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 in the market.
Trading volume was above average compared to the norm.
Analysts pointed out the tech boost due to strong earnings.
The rally impacted most sectors including finance.
Apple reported 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.