Stock Market Today: S&P500 in best day since June as big tech rebounds

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Stock Market Today: S&P500 in best day since June as big tech rebounds

Investing.com -- The S&P 500 jumped Monday as an Nvidia-led rebound in tech stocks following recent weakness as investors looked ahead to megacap tech quarterly earnings this week.) closed nearly 5% higher following a Reuters report that the chipmaker is is developing a B20 version of its Blackwell GPU specifically for the Chinese market that would be in compliance with U.S. export controls.

The chip in Nvidia help lift the broader tech sector higher and stoked dip buying following the sector's recent wobble as investors looked ahead to earnings due Tuesday from megacap tech companies including Alphabet rose more than 9% after reporting quarterly results that Wall Street, driven by strength in its technology and analytics business.

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