The Tech Sector Bounce Masks Broader Market Jitters The tech heavy Nasdaq is leading a higher open for major indexes on Monday, with chip and memory stocks rebounding after last week's volatility.
AI related shares continue to be buffeted by their own rollercoaster ride of late. Investors are likely reassessing their portfolios and rebalancing their bets following the long holiday weekend.
Earnings season is now underway, with companies like Levi Strauss, PepsiCo, and Delta Air Lines providing valuable insights into how American consumers felt about spending during a period marked by rising inflation and geopolitical tensions.