The Dow Jones Industrials backed off 146.21 points to start off Thursday at 33,946.75.
The S&P 500 gained 33.12 points to 4,152.33.
The NASDAQ Composite spiked 229.43 points, or 1.9%, to 12,045.75.
The gains come ahead of a trio of Big Tech results after the bell in Apple, Amazon and Alphabet.
Meta surged more than 19% after reporting a fourth-quarter beat on revenue and announcing a $40-billion stock buyback. That helped investors look past losses in the business unit overseeing the metaverse.
Other mega-cap tech stocks rose on the back of those results. Shares of Google-parent Alphabet were up more than 4%, while Amazon jumped more than 3%. Apple shares climbed more than 1%.
Prices for the 10-year Treasury heightened, reducing yields to 3.39% from Wednesday’s 3.42%. Treasury prices and yields move in opposite directions.
Oil prices dipped 90 cents to $75.91 U.S. a barrel.
Gold prices inched higher $1.30 to $1,944.10 U.S. an ounce.