US equity markets closed firmly in positive territory on Monday, with the S&P 500 climbing 0.72% to end the session at 7,537.43 points.
The Nasdaq Composite gained 1.12%, outpacing the broader market as technology shares led the advance.
Broadcom emerged as a key driver of the rally, with its shares surging to help lift the tech-heavy Nasdaq.
The semiconductor maker's performance reflected renewed investor appetite for high-growth names after a period of heightened volatility.
The gains extended a recovery arc that began earlier in the week.
Wall Street equities had already advanced on Monday, with technology shares spearheading a broad-based rebound.