Nasdaq Logs Biggest Intraday Rebound Since April After Recovering from Sharp Early Selloff

The Nasdaq Composite recorded its strongest intraday comeback since April’s tariff-related volatility, rebounding from a steep 1.9% fall to close 0.1% higher. The session highlighted renewed resilience in major technology stocks despite ongoing investor concerns about valuations and tightening global financial conditions. Traders attributed the reversal to opportunistic buying in oversold AI and semiconductor names, which helped stabilize broader index performance. Although the recovery was modest in closing terms, the sharp reversal underscored sustained market appetite for high-growth tech exposure even during periods of heightened uncertainty.