Wall Street advances as tech bounces further off of recent losses

A street sign for Wall Street is seen outside the New York Stock Exchange in Manhattan, New York City

THE S&P 500 and the Nasdaq rose solidly after a shaky start on Monday, as technology stocks found their footing following last week's AI-sparked selloff, while investors waited for key economic data that could shed light on the Federal Reserve's interest-rate path.

While the Dow notched its second closing record in a row with a small gain, the S&P 500 ultimately finished short of its closing record.