Bargain hunters returned to US markets on Monday, targeting technology shares that had been hammered in recent sessions. The dip buying helped lift major indices off their lows and sparked a broad market rally that reversed some of last week's losses.

Technology stocks had become attractively priced after several days of declines, drawing investors who saw opportunity in the pullback. These buyers helped restore some confidence to a market that had been under pressure from multiple fronts.

The easing of fighting in the Middle East provided additional support for the rally, removing one source of geopolitical uncertainty that had been weighing on investor sentiment. Reduced tensions helped improve the risk appetite that markets needed to recover.

Monday's session showed investors stepping in when valuations looked reasonable, a pattern that has historically supported market recoveries. The bargain hunting in tech suggests some investors see the sector's recent weakness as temporary rather than structural.