#S&P500
Wall Street extended its rebound in anticipation of two key data points from the US economy
This week will be crucial for the markets as the data from the North American economy to be released in the coming days could be fundamental in setting expectations for monetary policy.
The S&P 500 and the Nasdaq rose 0.5% and 0.9%, respectively, as technology stocks recovered after the sell-off triggered by artificial intelligence last week.
The S&P 500 index of Software services also regained some losses with its second consecutive day of gains, after seven days of losses fueled by fears that AI could intensify competition.
One of the big winners in the software sector was Oracle, after D.A. Davidson raised its recommendation from "neutral" to "buy".
The next big test for AI stocks will be the results from chip giant Nvidia this month, as investors increasingly demand quantifiable returns on capital expenditures. Nvidia was up 3%.
