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International Business Times
International Business Times
Business
Demian Bio

Stocks Close Higher As Chipmakers Rebound; Israel And Iran Avoid Major Escalation

Iran Israel Benjamin Netanyahu Hezbollah
Stocks closed higher on Monday after a rout on Friday. (Credit: AFP)

Stocks closed higher on Monday after chipmakers rebounded following a rout on Friday and Iran and Israel avoided a major escalation.

The S&P 500 gained 0.30%, while the tech-heavy Nasdaq Composite did so 0.86%. The Dow Jones Industrial Average, in turn, dropped 0.16%.

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