US stocks bounced back sharply on Monday morning, with tech leading the charge after a painful Friday session rattled investor confidence. The Nasdaq Composite surged over 1.6%, the S&P 500 climbed nearly 1%, and the Dow Jones added 0.3%, signaling that buyers stepped in quickly to defend recent gains. Markets were digesting a complex mix of signals — from AI optimism and chip stock recovery to rising oil prices driven by fresh Iran-Israel tensions.
The rebound came just days after the S&P 500 snapped its nine-week winning streak, and investors were eager to reassess whether Friday's selloff was a buying opportunity or the start of something deeper.
