{"id":56806,"date":"2026-08-20T02:23:26","date_gmt":"2026-08-20T02:23:26","guid":{"rendered":"https:\/\/www.vtmarkets.com\/en-asia\/uncategorized\/sp-500-rebounds-as-tech-shares-lead-market-recovery\/"},"modified":"2026-08-20T02:23:26","modified_gmt":"2026-08-20T02:23:26","slug":"sp-500-rebounds-as-tech-shares-lead-market-recovery","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/sp-500-rebounds-as-tech-shares-lead-market-recovery\/","title":{"rendered":"S&amp;P 500 rebounds as tech shares lead market recovery\u00a0"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Key points:<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The S&amp;P 500 surged over 1%, marking its best performance since June 5.\u00a0<\/li>\n\n\n\n<li>Nvidia led the tech rebound with a 4.8% gain.\u00a0<\/li>\n\n\n\n<li>Market gains followed President Joe Biden&#8217;s announcement to not seek re-election.\u00a0<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>This article is a follow up to:<a href=\"https:\/\/www.vtmarkets.com\/analysis\/nasdaq-and-sp-500-hit-new-highs-as-jobs-data-spurs-rate-cut-hopes\/\" target=\"_blank\" rel=\"noopener\" title=\" Nasdaq and S&amp;P 500 hit new highs as jobs data spurs rate cut hopes\u00a0\"> Nasdaq and S&amp;P 500 hit new highs as jobs data spurs rate cut hopes\u00a0<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The S&amp;P 500 (Symbol: SP500) rallied more than 1%. closing at 5,564.41 and marking its best single-day performance since June 5. This robust recovery follows a challenging week for stocks, particularly in the tech sector, which suffered a major setback due to a major tech outage on Friday.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2024\/07\/Image-60-1024x502.jpg\" alt=\"The chart displays the S&amp;P 500 (SP500) over a 1-hour interval, showing a trend of -0.37%. The index opened at 5537.8 and closed at 5517.35, reaching a high of 5545.98 and a low of 5514.35. The moving averages (5, 10, 20, 30) indicate a recent downward trend following an earlier upward movement. The MACD (12, 26, 9) histogram shows a sequence of negative bars, indicating bearish momentum as the index declines. Trading volume exhibits fluctuations, reflecting varying market activity. This chart suggests a recent pullback in the S&amp;P 500.\" class=\"wp-image-14312\" style=\"width:1450px;height:auto\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><em>Picture:\u00a0S&amp;P 500 rebounds as tech shares lead market recovery,\u00a0as observed on the <a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\" target=\"_blank\" rel=\"noreferrer noopener\">VT Markets app<\/a>.\u00a0<\/em><\/p>\n\n\n\n<h1 class=\"wp-block-heading has-medium-font-size\"><strong>Tech giants leading the rebound<\/strong>\u00a0<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">Leading the charge were mainstay tech companies, with chip giant Nvidia (Symbol: NVIDIA) surging 4.8%.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">*S&amp;P 500, NASDAQ END HIGHER, VIX TUMBLES AS NVIDIA LEADS TECH RALLY<a href=\"https:\/\/x.com\/search?q=%24SPY&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SPY<\/a> <a href=\"https:\/\/x.com\/search?q=%24QQQ&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$QQQ<\/a> <a href=\"https:\/\/x.com\/search?q=%24VIX&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$VIX<\/a> <a href=\"https:\/\/x.com\/search?q=%24NVDA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$NVDA<\/a> <a href=\"https:\/\/t.co\/d3r3obMSCx\">pic.twitter.com\/d3r3obMSCx<\/a><\/p>&mdash; Investing.com (@Investingcom) <a href=\"https:\/\/x.com\/Investingcom\/status\/1815482813342261314?ref_src=twsrc%5Etfw\">July 22, 2024<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The boost in market sentiment came on the heels of President Joe Biden&#8217;s unexpected announcement on Sunday that he would not seek re-election. This development has introduced renewed volatility as traders speculate on who will emerge as the Democratic nominee. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The uncertainty regarding the political landscape has reinvigorated market fluctuations, especially considering the previous market pricing for a Biden vs. Trump scenario.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Along the S&amp;P500, the Nasdaq Composite (Symbol: NAS100) also outperformed, rising 1.6%, driven by strong buying momentum in the tech sector. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Dow Jones Industrial Average (Symbol: DJ30) saw a more modest increase of 0.3%, with fewer appealing stocks to capture investor interest.\u00a0\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Learn how to&nbsp;<a href=\"https:\/\/www.vtmarkets.com\/tools\/education\/trading-guides\/what-are-indices-and-how-do-you-trade-them\/\" target=\"_blank\" rel=\"noreferrer noopener\">trade indices<\/a> such as the S&amp;P500, the Nasdaq Composite and the Dow Jones Industrial Average.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>Market outlook hinting caution<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">For short-term traders, the recent rebound in the S&amp;P 500 and the tech sector&#8217;s strong performance suggest potential opportunities for quick gains. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, the political uncertainty following President Biden&#8217;s announcement may introduce volatility, requiring traders to remain vigilant. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Create your live VT Markets account<\/strong><\/a><strong> and <\/strong><a href=\"https:\/\/myaccount.vtmarkets.com\/login\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>start trading<\/strong><\/a><strong> now.<\/strong>&nbsp;<\/p>\n\r\n\n\n\n<p class=\"wp-block-paragraph\"><b>Start trading now \u2014 click <a href=\"https:\/\/www.vtmarkets.com\/en-asia\/trade-now\/\">here<\/a> to create your real VT Markets account.<\/b>\n\n<\/p>\n\n<!-- vt-src:14311 -->","protected":false},"excerpt":{"rendered":"<p>The S&amp;P 500 rallied with tech shares like Nvidia surging. Biden&#8217;s decision not to seek re-election adds volatility. Read more on the latest market trends and forecasts.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[],"class_list":["post-56806","post","type-post","status-publish","format-standard","hentry","category-analysis"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 5.0.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"The S&amp;P 500 rallied with tech shares like Nvidia surging. Biden&#039;s decision not to seek re-election adds volatility. 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Read more on the latest market trends and forecasts.","twitter:creator":"@vtmarketsglobal"},"aioseo_meta_data":{"post_id":"56806","title":null,"description":null,"keywords":null,"keyphrases":null,"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":null,"og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"large","priority":null,"frequency":null,"local_seo":null,"seo_analyzer_scan_date":"2026-08-20 09:23:17","breadcrumb_settings":null,"limit_modified_date":false,"open_ai":null,"ai":null,"created":"2026-08-20 02:23:26","updated":"2026-08-20 09:23:17","focus_keyword":null,"additional_keywords":null,"truseo_locale":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t<a href=\"https:\/\/www.vtmarkets.com\/en-asia\" title=\"Home\">Home<\/a>\n<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\t<a href=\"https:\/\/www.vtmarkets.com\/en-asia\/category\/analysis\/\" title=\"Today&apos;s Analysis\">Today's Analysis<\/a>\n<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\tS&amp;P 500 rebounds as tech shares lead market recovery \n<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/www.vtmarkets.com\/en-asia"},{"label":"Today's Analysis","link":"https:\/\/www.vtmarkets.com\/en-asia\/category\/analysis\/"},{"label":"S&amp;P 500 rebounds as tech shares lead market recovery\u00a0","link":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/sp-500-rebounds-as-tech-shares-lead-market-recovery\/"}],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/56806","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/comments?post=56806"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/56806\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media?parent=56806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/categories?post=56806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/tags?post=56806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}