US equity markets staged a impressive comeback from steep declines earlier in the session, with the technology-centric Nasdaq registering its biggest intraday swing since the throes of the pandemic in March 2020 - Dow up +92-points or +0.28%, erasing an earlier -859-point/-2.6% drop The broader S&P500 gained +1.50%, recovering from an earlier session slide of as much as -2.6%. Information Technology (up +3.47%) and Communication Services (+3.13%) leading the fight back with gains of over >3%. Consumer Staples (down -1.71%) and Financials (-1.17%) were the laggard primary sectors. The Nasdaq rebounded +3.34%, rallying back from an earlier ~3.5% slump. The technology-centric index opened the session in bear market territory, down more than >20% from its record peak in November. Netflix Inc rose +6.14%, Microsoft Corp +5.11%, Alphabet Inc +4.00% and Meta Platforms Inc +4.61%. The small capitalisation Russell 2000 rose +2.64%.
