NEW YORK (AP) — Big Tech rallied as Wall Street recovered most its loss from last week. The S&P 500 climbed 1.5% Monday. The index is coming off its first weekly loss in the last four. The Dow Jones Industrial Average rose 0.8%, and the Nasdaq composite jumped 2.3%.
Nvidia was by far the strongest force lifting the market. It and other AI darlings like Palantir Technologies recovered some of their losses from last week, when their stocks dropped amid worries they’d grown too expensive. Wall Street’s rally followed gains for indexes around the world.

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