US Stock Market | Tech Turnaround: Software shares recover after deep selloff
- Posted on March 12, 2026
- By Business News Today
- 5 Views
US Stock Market | Tech Turnaround: Software shares recover after deep selloff
After a deep AI-driven selloff, US software stocks are showing signs of recovery. The S&P 500 Software Index posted its strongest weekly gain since May, supported by strong earnings growth, undervalued multiples, and large share buybacks. Investor sentiment is improving as fears of AI disruption ease.
