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US stocks rebound as AI tech rally resumes

US stocks rebounded on Friday, with the tech-heavy NASDAQ climbing 264.42 points, or 1.09 percent, as investors sought bargains after the previous day's sharp sell-off, KBS World reports. The Korea Times adds that AI stocks bounced back Friday, recovering some of their sell-off from the last two days, while the rest of the US market was mixed. Earlier in the week, US stocks had risen Monday, with the S&P 500 climbing 0.3 percent, recovering some of last week's sell-off led by tech and AI industries, and again on Oct. 27, when the S&P 500 rose 0.8 percent amid shaky global trading. The rebound was also supported by news that AI company Anthropic is pursuing an IPO, which boosted sentiment, Business Korea reports. Korean investors reacted positively, with the KOSPI rallying over 2 percent on Nov. 2 and surging above 5,600 on Oct. 27 on AI optimism, while Seoul stocks rebounded over 3 percent on Oct. 21 on eased AI spending woes, Yonhap reports.

  1. Wall Street Rallies on Robust Jobs Data, Trump AI Backing KBS World · 2026-11-07
  2. AI stocks halt brutal, worldwide sell-off as Wall Street trims its loss for the week Korea Times · 2026-11-07
  3. US stocks recover some of last week's sell-off after oil prices fall sharply Korea Times · 2026-11-03
  4. Bitcoin Rebounds Above $80,000 as Tech Stocks Rally Business Korea · 2026-10-28
  5. US stocks climb amid shaky trading in markets worldwide Korea Times · 2026-10-27
  6. KOSPI rallies over 2% as investors look past US tech rout Korea Times · 2026-11-02
  7. [Closing Market] KOSPI Surges Above 5,600 on AI Optimism Business Korea · 2026-10-27
  8. (URGENT) Seoul stocks rebound over 3 pct on eased AI spending woes Yonhap · 2026-10-21

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