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corporate earnings, midterm elections, and a significant jobs report.
The Dow Jones Industrial Average (^DJI) climbed 1.1%, while the S&P 500 (^GSPC) gained 1%. The technology-focused Nasdaq Composite (^IXIC) rose 1.3%, staging a recovery following a tech-sector decline that weighed on the markets last week.
(^DJI)
Markets were positioned for a rebound following an AI-driven sell-off that resulted in a 5.2% loss for the Nasdaq Composite throughout October. Semiconductor manufacturers and other technology stocks staged a recovery prior to the opening bell, although Apple (AAPL) shares saw a minor decline ahead of the company’s earnings release scheduled for after Monday’s close. <a s official October jobs report this Friday.
