Stocks in the US rebounded Thursday after two consecutive days of losses, driven by strong earnings from major banks and a surge in technology shares. The S&P 500 and the Nasdaq gained 0.2% each, while the Dow Jones rose 292 points. Taiwan Semiconductor’s blockbuster results and plans to boost 2026 capital spending fueled optimism around artificial intelligence growth, sending Nvidia (2%), Applied Materials (5.6%), Micron Technology (1.1%) and Broadcom (0.9%) higher. Bank stocks also rallied, with Goldman Sachs (4.6%) and Morgan Stanley (0.9%) posting quarterly profits above expectations, supported by robust dealmaking, and BlackRock hitting record assets under management. On the data front, the claims reports showed the labour market in the US remains resilient and NY state factory activity rebounded.