16.03.202613:37:51UTC+00US Stocks Rebound on Monday

US equity indices advanced on Monday, rebounding from the near four-month lows hit on Friday as markets reassessed the risk of a sustained energy shock to the economy. The S&P 500 and Nasdaq 100 each rose about 1%, while the Dow added roughly 500 points.

Some tankers carrying liquefied petroleum gas were able to transit the Strait of Hormuz over the weekend, indicating that Iran is showing a degree of leniency on energy exports to allied countries. This helped ease fears of a prolonged supply disruption, even as Iran, Israel, and the US intensified their confrontational rhetoric around the conflict.

Credit-sensitive sectors rallied as yields fell across the curve, with both technology and banking stocks posting gains. Semiconductor names outperformed on renewed optimism about AI adoption. Nvidia rose more than 2%, while Micron climbed over 5% ahead of its earnings report this week. Meta also gained nearly 3% following reports that it plans to cut about 20% of its workforce, citing efficiency improvements enabled by AI.