Faith in tech stocks wobbled last week, but by Monday cooler heads had prevailed. Eulogies for the AI trade appear hyperbolic at best right now as investors returned to the market. Despite a selloff and Nvidia's spy scandal, buying pressure pushed indices higher.
The Dow Jones rallied strongly, while the Nasdaq also posted gains, shrugging off earlier concerns.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing