Technology stocks lead Wall Street higher as oil eases, Treasury yields dip

U.S. equities staged a strong rebound, with the Nasdaq jumping 1.7%, the S&P 500 up 1.1%, and the Dow gaining 0.6%, as easing Treasury yields (10‑yr near 4.93%) and softer crude prices helped markets look past the Fed’s 25‑bp hike. Tech led the rally, with Intel and Super Micro driving a broad AI rotation. Lower oil pressure and modest dollar softness supported risk sentiment.

In India, the rupee stabilised after RBI defence, closing at 95.93. Nifty rose 53 points to 23,270, with 23,360 as immediate resistance and 23,600 as stronger supply. Key support remains at 23,070–23,100.