Stocks shot higher out of the gate Monday and rallied into the close as bargain hunters swooped in following last week's big losses. Investors also cheered two of the newest S&P 500 stocks, which helped boost a beaten-down tech sector.
The Nasdaq Composite gained 1.2% today to finish at 16,884. The S&P 500 (+1.2% at 5,471) and Dow Jones Industrial Average (+1.2% at 40,829) notched even bigger advances following their worst weekly performances since March 2023.
