Wall Street tech stocks rebound but AI worries persist

Wall Street saw a partial recovery on Friday as technology stocks rebounded following Thursday's sharp decline, though concerns about artificial intelligence persist in the market. The Nasdaq composite index rose 1.1 percent after plunging 5.5 percent the previous day, while the Dow Jones Industrial Average fell 0.5 percent and the S&P 500 gained 0.3 percent. Nvidia, which dropped 9.3 percent on Thursday, climbed 2.8 percent, and Advanced Micro Devices surged 11 percent after a 17.3 percent slide. Nordeas equity strategist Martin Björsell described the rebound as welcome but noted lingering AI worries, adding that Thursday's accelerated selling resembled a panic move, making a counter-reaction expected.