Wall Street indexes posted gains early Monday after the holiday, driven by investors seeking exposure to technology stocks that have been under pressure.
The Nasdaq Composite Index climbed 0.8%, while the broader S&P 500 added 0.4% in the session.
The move represents a continuation of the recovery seen earlier in the week, as renewed buying interest returned to the technology sector following a period of sharp declines.
Friday’s rally had already signaled a stabilization for Wall Street after significant losses weighed on sentiment, and Monday’s session extended that momentum.
Investors appear to be rotating back into growth names as the immediate selling pressure eased.
The rebound suggests that the recent volatility in tech-heavy indices may be finding a floor, at least in the short term, allowing for a modest repricing of risk assets.