Tech Stocks Rebound, S&P 500 and Nasdaq Rise
Analysis based on 8 articles · First reported Feb 09, 2026 · Last updated Feb 09, 2026
The markets experienced a rebound in technology stocks, with the S&P 500 and Nasdaq Composite rising, indicating a recovery from a recent AI-sparked sell-off. Investors are now looking towards upcoming economic data and the United States===Federal Reserve's interest-rate path for future direction.
On Monday, the S&P 500 and Nasdaq Composite rose solidly, with technology stocks finding their footing after a recent AI-sparked sell-off. The S&P 500 technology sector and Software Services index extended gains, partly due to Oracle's upgrade to 'buy' by D.A. Davidson and positive news from OpenAI's CEO Sam Altman about ChatGPT's growth. The Dow Jones Industrial Average also notched a second closing record. However, individual stocks saw varied movements: Hims & Hers Health tumbled after being sued by Novo Nordisk for patent infringement, Workday slid on CEO news, Kyndryl plunged due to delayed filings and financial weakness, while Apollo Global Management and Kroger rallied on positive news. Investors are awaiting key economic data, including the January nonfarm payrolls report and Consumer Price Index, which will influence the United States===Federal Reserve's interest-rate decisions.
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