# US tech stocks rebound after AI spending selloff, Nasdaq gains 0.83%

> Original title: US tech stocks recover after selloff spooks investors over AI spending

- Source: The Guardian · AI
- Published: 2026-11-03T22:18:45.000Z
- Bad Influence: https://badinfluence.news/items/tcn2kjxuzk4aiepfsyreb4pp1
- Original: https://www.theguardian.com/business/2026/nov/03/us-tech-stocks-recovery-ai-spending

## Summary

The S&P 500 rose 0.37% and the Nasdaq gained 0.83% on Tuesday as tech stocks recovered from a brief AI-driven selloff. Nvidia rose 2.3% after four sessions of losses, while Apple fell 1.9% after forecasting a weaker-than-expected margin due to higher memory chip costs. Brent crude fell to $103 a barrel from $117 at the end of October.