Stock Benchmarks Close Higher to Start the Week - News Summed Up

Stock Benchmarks Close Higher to Start the Week


A rebound in technology shares lifted U.S. stocks Monday, helping major indexes recover after last week’s pullback. Deal activity at software giant Oracle and chip maker Nvidia contributed to the bounce in tech stocks. Both companies’ shares rallied more than 4% after Oracle won the bidding for the U.S. operations of video-sharing app TikTok and Nvidia agreed to buy British chip-designer Arm Holdings in a potentially transformative deal.


Source: Wall Street Journal September 14, 2020 09:12 UTC



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