Major US indices climbed as geopolitical risks faded and technology shares recovered from last week’s losses.
Wall Street’s main benchmarks advanced Monday, led by a rebound in technology stocks and easing US-Iran tensions. The Dow gained 0.4%, while the S&P 500 also rose, extending gains after last week’s selloff.
Investors shifted focus from geopolitical risks to corporate developments, including Comcast’s planned spinoff and Rocket Lab’s acquisition of Iridium. Technology shares, which underperformed last week, drove the recovery as sentiment stabilized.
No immediate market reaction data was provided, but the upward move reflected broader optimism in equities.