‘Liberation Day’ losses erased: Microsoft and Meta spark a huge comeback for tech stocks

The Nasdaq has recovered all of the losses sparked by President Donald Trump’s “Liberation Day” tariff announcement on April 2.

The Nasdaq 100 plunged as much as 15% since the sky-high tariff announcement, but has since surged as much as 20% as the Trump administration rescinded some of the tariffs and instituted a 90-day pause.

Solid earnings results from Microsoft and Meta Platforms helped boost tech stocks even higher on Thursday. During their earnings calls,…