Tech ETFs at the Forefront of the Market Rebound on Monday
ZACKS·2025-08-05 23:10
U.S. stocks rebounded sharply on Monday, staging a comeback from last week’s sell-off driven by weak labor market data and escalating trade tensions. The S&P 500 rose 1.5%, while the Dow Jones jumped 1.3%, marking one of its strongest days in months. The Nasdaq Composite Index outperformed, gaining 1.9% and recording its best daily performance since May.Stronger-than-expected earnings from major corporations, including Tyson Foods (TSN), upbeat economic data and growing Fed rate cut speculation helped boost ...