2026.03.1620:02:42UTC+00US Equities Rebound to Kick Off the Week

US equity indices rebounded on Monday, with the S&P 500 up 1.1%, the Dow Jones Industrial Average advancing 1%, and the Nasdaq gaining 1.2% as markets reassessed the likelihood of a prolonged energy shock. The recovery was largely driven by reports that several tankers successfully transited the Strait of Hormuz over the weekend, signaling some flexibility in energy exports and easing fears of a sustained global supply shortfall. As oil prices pulled back from recent highs, investors rotated into credit‑sensitive sectors: technology and financials posted gains, and chipmakers outperformed amid persistent optimism over artificial intelligence adoption. Nvidia added 1.6%, Micron climbed 3.7% ahead of its upcoming earnings release, and Meta rose 2.3% on reports of potential workforce restructuring. The equity rally was further supported by a decline in Treasury yields, though overall trading volumes remained relatively subdued as investors continued to contend with geopolitical uncertainty.