The Nasdaq experienced a significant intraday comeback, rising 0.1% after being down 1.9% earlier in the day. Wall Street bought the dip in technology and AI stocks, leading to the index’s biggest reversal since April. The Dow Jones fell 0.7%, while the S&P 500 was down 0.1%. The 2-year Treasury note yield rose to 3.61%, and the 10-year yield was up to 4.15%. Despite a rocky day, the market showed resilience as major indices recovered from earlier losses, with the S&P 500 briefly entering positive territory before closing lower.

Read more at Barron’s: Nasdaq Marks Biggest Daily Comeback Since April as Wall Street Buys the Tech Dip