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Tech (XLK) and Communication (XLC) stocks rose modestly on Monday while the rest of the S&P 500 sectors struggled to gain much traction.
Chip giant Nvidia (NVDA) increased 2%, while social media platform Meta (META) also gained more than 2%.
The S&P 500 (^GSPC) crossed into green territory to rise 0.2% and the tech-heavy Nasdaq (^IXIC) increased 0.5% by 12:30 p.m. ET.
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Tech stocks help lift S&P 500, Nasdaq
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