US stocks rebounded sharply on Wednesday, ending a three-session losing streak as large-cap technology shares led gains. As of 23:00 ET, the Nasdaq Composite was up 1.33%, the Dow Jones Industrial Average had gained 1.18% and the S&P 500 was 1% higher. Tesla rose 6.84%, Meta gained more than 4%, Microsoft climbed 3.21%, and Apple, Alphabet and Amazon each advanced more than 1.4%. Snowflake surged more than 21% after raising its annual product sales forecast, while Palantir, ServiceNow, Oracle and Dell Technologies also posted strong gains. Semiconductor stocks moved in the opposite direction after Broadcom issued a weaker-than-expected fourth-quarter revenue forecast. Chinese ADRs (American depositary receipts) broadly declined. Spot gold rose 2.66% above $4,500 per ounce and spot silver gained more than 3% as Treasury yields retreated from their session highs. Federal Reserve Governor Christopher Waller said he would support keeping rates unchanged if August inflation continued improving, but would consider a September rate increase if inflation proved strong. US initial jobless claims rose to 206,000, while August private payroll growth was just 37,000. Investors remain divided over the outlook, with Lauren Cassidy citing easing inflation risks and AI adoption, while Jay Hatfield pointed to oil prices and forecast an S&P 500 bottom around 7,500 points. The source also said Thursday's intraday gains had already exceeded Wednesday's closing levels, reflecting continued rebound momentum and a rotation from chip stocks toward application software.