The S&P 500 and Nasdaq indices rose after a volatile start on Monday, boosted by a surge in technology stocks following a sell-off sparked by artificial intelligence last week. Meanwhile, investors are awaiting key economic data that could provide clues on the path of U.S. monetary policy. This data is expected to be crucial in shaping the future direction of the country's economic strategy. The market remains on edge, closely monitoring the performance of the tech sector.
S&P 500, Nasdaq Rise as Tech Stocks Recover
The S&P 500 and Nasdaq rose after a volatile start on Monday, boosted by technology stocks following an AI-driven sell-off last week. Investors await key U.S. economic data for monetary policy clues.