<p>Tech shares concluded a bruising month on a positive note, rallying Monday for the second straight session ahead of a heavy calendar of earnings and economic reports.</p>.<p>Major indices were led by the Nasdaq, following impressive gains by Amazon, Facebook parent Meta and other tech companies.</p>.<p>The tech-rich index finished at 14,239.88, up 3.4 per cent for the day, but down nine per cent for the month.</p>.<p>The Dow Jones Industrial Average climbed 1.2 per cent to 35,131.86, while the broad-based S&P 500 jumped 1.9 precent to 4,515.55.</p>.<p>Stocks have been under pressure for most of January as the Federal Reserve signals a sharp pivot away from accommodation towards monetary tightening.</p>.<p>But over the last two days, investors have returned to the equity market in apparent bargain-hunting.</p>.<p>"US stocks finished the month on a nice note, but rough waters still could be ahead over global tightening pressures," said Oanda's Edward Moya.</p>.<p>"Some of the smart money on Wall Street is still looking to fade every rally as valuations won't live up to their expectations."</p>.<p>This week's calendar includes surveys on the manufacturing and service sectors, the January jobs reports and earnings from Google parent Alphabet, General Motors and other large companies.</p>.<p>Among individual companies, software company Citrix fell 3.4 per cent after agreeing to be acquired by Vista Equity Partners and Elliott Investment Management for $16.5 billion.</p>.<p>Spotify Technology jumped 13.5 per cent as it announced it would start guiding listeners of podcasts discussing Covid-19 to facts about the pandemic.</p>.<p>The move came in response to Neil Young and other artists who pulled songs from the platform in protest of podcaster Joe Rogan's programs discouraging Covid-19 vaccinations.</p>.<p>Boeing surged 5.1 per cent after announcing a pair of major agreements with Qatar Airways to sell the Middle Eastern carrier freighter jets and the 737 MAX.</p>.<p><strong>Watch latest videos by DH here:</strong></p>
<p>Tech shares concluded a bruising month on a positive note, rallying Monday for the second straight session ahead of a heavy calendar of earnings and economic reports.</p>.<p>Major indices were led by the Nasdaq, following impressive gains by Amazon, Facebook parent Meta and other tech companies.</p>.<p>The tech-rich index finished at 14,239.88, up 3.4 per cent for the day, but down nine per cent for the month.</p>.<p>The Dow Jones Industrial Average climbed 1.2 per cent to 35,131.86, while the broad-based S&P 500 jumped 1.9 precent to 4,515.55.</p>.<p>Stocks have been under pressure for most of January as the Federal Reserve signals a sharp pivot away from accommodation towards monetary tightening.</p>.<p>But over the last two days, investors have returned to the equity market in apparent bargain-hunting.</p>.<p>"US stocks finished the month on a nice note, but rough waters still could be ahead over global tightening pressures," said Oanda's Edward Moya.</p>.<p>"Some of the smart money on Wall Street is still looking to fade every rally as valuations won't live up to their expectations."</p>.<p>This week's calendar includes surveys on the manufacturing and service sectors, the January jobs reports and earnings from Google parent Alphabet, General Motors and other large companies.</p>.<p>Among individual companies, software company Citrix fell 3.4 per cent after agreeing to be acquired by Vista Equity Partners and Elliott Investment Management for $16.5 billion.</p>.<p>Spotify Technology jumped 13.5 per cent as it announced it would start guiding listeners of podcasts discussing Covid-19 to facts about the pandemic.</p>.<p>The move came in response to Neil Young and other artists who pulled songs from the platform in protest of podcaster Joe Rogan's programs discouraging Covid-19 vaccinations.</p>.<p>Boeing surged 5.1 per cent after announcing a pair of major agreements with Qatar Airways to sell the Middle Eastern carrier freighter jets and the 737 MAX.</p>.<p><strong>Watch latest videos by DH here:</strong></p>