Global Tech Stocks Rally as Fed Signals Rate Pause

Major indices surged more than 2% following the Federal Reserve Chair's comments suggesting interest rate hikes may be on hold.

Wall Street celebrated a broad-based rally today as Federal Reserve Chair indicated a pause in the rate-hiking cycle may be forthcoming. The NASDAQ Composite rose 2.4%, led by gains in semiconductor and AI infrastructure companies. Analysts project the tech sector to benefit most from a stable interest rate environment heading into Q2 2026.