Dow surges 1,100 points, Nasdaq climbs more than 2% as tech rebounds from last week’s tumult: Live updates

The S&P 500 recorded its best single-day performance since April, as reported by MarketWatch, with gains extending across sectors beyond technology. Bloomberg highlighted a historic divergence in which Nvidia shares declined while the broader market rallied, noting the stock's unusual split from the S&P 500's upward trajectory. The Wall Street Journal framed the advance as a return of investor confidence following last week's tumult, while Barron's reported that QXO led the list of individual gainers. Australia's ABC News observed that Wall Street's surge occurred despite what it termed a "spy slump" in Nvidia, with the Australian Securities Exchange poised to follow higher.

Coverage from Bloomberg, The Wall Street Journal, Barron's, MarketWatch, and ABC News converges on the magnitude of the rebound and its breadth across the market. Bloomberg's focus on Nvidia's counter-trend decline provides a notable counterpoint to the prevailing optimism. The Wall Street Journal emphasizes the psychological shift among investors regaining confidence after a period of volatility. MarketWatch supplies the historical context of the S&P 500's strongest day since April. Barron's identifies QXO as the session's standout performer. ABC News adds the international dimension, linking the U.S. rally to expected gains in Australian markets.

The rally follows a turbulent week for equities, particularly in the technology sector, which had driven much of the market's earlier volatility. Nvidia's decline amid a broad advance underscores shifting dynamics within the semiconductor and artificial intelligence spaces that have led market leadership. The S&P 500's best day since April suggests a potential inflection point after a period of consolidation or correction. The participation of non-technology shares, as noted by MarketWatch, indicates the advance was not confined to the megacap names that have dominated recent market narratives. QXO's emergence as the top gainer points to idiosyncratic factors at play alongside the broader sentiment improvement.

Market participants will watch whether Monday's momentum sustains through the week, particularly given the unusual divergence between Nvidia and the major indices. The trajectory of technology shares after last week's tumult remains a focal point. Australian market opening will provide an early signal of global risk appetite. Economic data releases and any central bank commentary later in the week could reinforce or undermine the confidence rebound described by The Wall Street Journal. Coverage does not yet specify the catalyst for the sudden shift in sentiment.