US stocks jump on rebound in tech optimism

NEW YORK, United States -Wall Street bounced Monday as investors snapped up tech stocks, capitalizing on their relatively lower prices following a recent lackluster spell in the US financial markets. The tech-rich Nasdaq Composite Index rose sharply to end the day up 1.1 percent at 13,917.89. The S&P 500 gained 0.7 percent to 4,487.46, while the Dow Jones Industrial Average picked up by 0.3 percent to close at 34,663.72. "It seems like it's just a risk-on day where investors were leaning into the most speculative parts of the market," Jack Ablin from Cresset Capital told AFP. Among individual stocks, electric car manufacturer Tesla saw its shares pop by more than 10 perce...

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