Nasdaq Rebounds as Earnings Cheer Markets While Oil Slips Offset Chip Weakness

Tech shares helped lift the market as the Nasdaq bounced back, with the S&P 500 up about 0.3% and the Dow Jones near a 1.3% gain, as earnings optimism offset ongoing chip weakness; oil prices fell further on diplomacy and lower demand signals, while investors awaited Nvidia/OpenAI funding chatter and a Federal Reserve policy decision, along with fresh economic data such as consumer confidence.