Wall Street also looked ahead to key earnings and economic data later this week.
, buoyed by a rebound in tech stocks. , which had been dinged recently amid fears of higher inflation and the prospect of elevated interest rates. Information technology was the best-performing S&P 500 sector on Monday. Nvidia jumped more than 4% during the trading session. The chip giant pulled back by nearly 14% last week, its worst weekly performance since September 2022.
Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weekly"A short-term bounce in the market makes a lot of sense here in that, you know, we had a rough week and a half plus, and so now we're seeing a little bit of a rebound as we go into tech," Wealth Enhancement Group's senior portfolio manager Ayako Yoshioka told CNBC's"reporting after the close on Tuesday.
"I think those earnings from Microsoft and Alphabet and Meta are going to be really important to determine whether or not that tech trade can continue to take the market higher," Yoshioka added.Chicago Police
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