NEW YORK — U.S. stocks climbed again on Monday as Wall Street’s wild roller-coaster ride veers back upward. The S&P 500 rose 0.6% for a second straight gain after it fell 10% below its record late last week. The Dow Jones Industrial Average climbed 353 points, or 0.9%, and the Nasdaq composite added 0.3%.

Nvidia remains the leader in AI chips. Broadcom found a nice niche in the expanding custom AI chip market. Both stocks are well off their highs, opening up a great buying opportunity. As of this writing,

U.S. stock futures declined Sunday after Treasury Secretary Scott Bessent said he’s not worried about a market downturn, despite a miserable stretch for Wall Street.

Treasury Secretary Scott Bessent, a former hedge fund manager, said he’s not worried about the recent downturn that’s wiped trillions of dollars from the equities market as the US seeks to reshape its economic policies.