The Nasdaq Composite jumped 2% on Monday, marking a decisive shift in sentiment as investors returned to technology shares following a period of heavy selling.
The rally was broad-based, with the tech-heavy index significantly outpacing broader market benchmarks.
The Nasdaq 100, a key barometer for large-cap tech performance, climbed more than 2%, driven by sustained buying interest in major semiconductor and software firms.
The S&P 500 advanced 0.7%, while the Dow Jones Industrial Average posted a more modest gain, highlighting the concentrated strength in growth and technology names.
Traders appeared to view intraday weakness as buying opportunities, fueling aggressive demand across the sector.
This renewed risk-on appetite suggests that the recent sell-off, which had left the primary engine of US equity markets lagging, may have found a floor.
The Nasdaq 100, a key barometer for large-cap tech performance, climbed more than 2%, driven by sustained buying interest in major semiconductor and software firms.