# Tech stocks extend rally as Anthropic IPO optimism lifts Nasdaq before Fed decision

> Original title: Tech's relief rally extends as attention turns to tough decisions for the Fed

- Source: CNBC · Technology
- Published: 2026-10-27T12:09:19.000Z
- Bad Influence: https://badinfluence.news/items/zbqbujsrh2soltlots69a0ndw
- Original: https://www.cnbc.com/2026/10/27/tech-rally-fed-decision.html

## Summary

The Nasdaq rises for a second day as optimism over Anthropic's upcoming Nasdaq listing, announced next month, lifts tech stocks. The Federal Reserve's two-day meeting ends Wednesday at 2 p.m. ET, with a hawkish hold expected and markets pricing a 90% chance of a December hike, according to CME FedWatch. Microsoft is offering voluntary buyouts to about 60,000 eligible employees, roughly 27% of its 223,000-person workforce.