Tech stocks lead bounce after $1.3 trillion rout on Nasdaq 100

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US technology stocks rebounded, lifting key indexes, after the latest flareup of concerns about the scale of the artificial-intelligence-fueled rally wiped nearly $1.3 trillion from the market capitalization of Nasdaq 100 companies over the first two days of the week. The S&P 500 Index rose 0.4%, steadying from the global tech selloff a day earlier. The Nasdaq 100 climbed 0.5%, while the blue-chip Dow Jones Industrial Average was little changed. In Asia, stock volatility continued with South Korean equities swinging between gains and losses as investors focused on the outlook for chipmaker earnings. One of that market’s biggest stars, SK…

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