The Dow Jones opened up 0.2%, the S&P 500 rose 0.8%, and the Nasdaq rose 1.5%.

Concept stocks of quantum computing are strengthening, with Rigetti Computing rising 3.4%, D-Wave Quantum rising 3.0%, Arqit Quantum rising 3.5%, and Quantum Computing rising 3.9%. Meta rose 11.1%, exceeding Q2 expectations. Microsoft rose 8.9%, with a market value exceeding $4 trillion, and Q4 performance exceeded expectations. Qualcomm fell 3.3%, with the company expecting to possibly lose Apple as a customer for its modem chip business in the coming years.