U.S. stock indexes stormed back from big early drops to finish higher, led by a handful of influential Big Tech companies.

Major stock indexes surged in late trading Wednesday to close near their session highs, recovering from losses earlier in the day, as shares of AI investor favorite Nvidia led a broad rally for large-cap technology stocks.

NEW YORK — U.S. stocks are slumping toward their worst day since an early August sell-off after a week full of updates on the economy got off to a discouragingly weak start on Tuesday.