- Carpenter bomb stuns Guardians as Tigers level series
- Harris, Trump and Biden mark Oct. 7 attacks as US election looms
- Oil prices extend gains on Mideast tensions, Wall Street falls
- US judge orders Google to open Android to rival app stores
- On attacks anniversary, Israel fights 'sacred' multi-front war
- Nobel scientist uncovered tiny genetic switches with big potential
- Grammy-winning Cissy Houston, mother of Whitney, dies at 91
- UN biodiversity summit in Colombia aims to turn words into action
- Georgia Supreme Court reinstates six-week abortion ban
- 'Dark day': Victims mourned around the globe on Oct. 7 anniversary
- On attacks anniversary, Israel fights multi-front war
- Mexican mayor murdered days after taking office
- Intensifying to Category 5, Hurricane Milton targets Florida
- Mission to probe smashed asteroid launches despite hurricane
- Biden, Harris mark Oct. 7 with call for Mideast peace
- Dupont set for Toulouse return after post-Olympic holiday
- French rugby bosses tighten discipline after nightmare Argentina tour
- Oil prices extend gains on Mideast tensions, Wall Street slips
- Visitors to get rare view of Rome's Trevi Fountain
- Europe's asteroid mission Hera launches despite hurricane
- Man City and Premier League both claim victory in legal case
- Deschamps delight as 'light back on' for Pogba after doping ban
- Biden, Harris urge Mideast peace on Oct. 7 anniversary
- Neeskens, tough midfielder in Cruyff's Ajax and Dutch teams
- UN warns world's water cycle becoming ever more erratic
- Oil prices extend gains on Mideast tensions, Wall Street retreats
- Ex-Dutch football star Johan Neeskens dies
- Man Utd battling to improve fortunes, says Evans
- What is microRNA? Nobel-winning discovery explained
- Masood, Abdullah centuries lift Pakistan to 328-4 in first England Test
- Hurricane Milton strengthens fast, threatens Mexico, Florida
- Tunisia's President Saied set for landslide election win
- Barca hoping to return to Camp Nou 'by end of year'
- Trump to open second golf course at Scotland resort in summer 2025
- Super-sub Jhon Duran rewarded with new Aston Villa deal
- US duo win Nobel for gene regulation breakthrough
- Masood hits first ton for four years to power Pakistan to 233-1
- Fritz wins delayed match to reach Shanghai Masters third round
- Naomi Osaka pulls out of Japan Open with back injury
- Weather may delay launch of mission to study deflected asteroid
- China to flesh out economic stimulus plans after bumper rally
- Artist Marina Abramovic hopes first China show offers tech respite
- Asian markets track Wall St rally on US jobs data
- Pakistan 122-1 at lunch in first England Test
- Kazakhs approve plan for first nuclear power plant
- World marks anniversary of Oct. 7 attack on Israel
- 'Second family': tennis stars hunt winning formula with new coaches
- Philippines, South Korea agree to deepen maritime cooperation
- Mexico mayor murdered days after taking office
- Sardinia's sheep farmers battle bluetongue as climate warms
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Rebounding chip shares lead US stocks higher
Semiconductor shares were among the big winners Monday, rebounding from recent weakness as US stocks climbed ahead of major earnings and economic data later this week.
Nvidia, Broadcom and Texas Instruments were among the chip companies that rose more than two percent.
The Dow Jones Industrial Average finished up 0.3 percent at 40,415.44.
The broad-based S&P 500 gained 1.1 percent to 5,564.41, while the tech-rich Nasdaq Composite Index jumped 1.6 percent to 18,007.57.
Joe Biden's surprise announcement that he will not seek reelection dominated the news cycle, but analysts described the effect on the markets of Biden's exit and endorsement of Vice President Kamala Harris as muted.
Briefing.com analyst Patrick O'Hare said Monday's gains by chip companies and other technology equities amounted to a "buy the dip trade" after a recent pullback.
But O'Hare also characterized the gains by some large tech companies as a "little bit of a defensive-minded trade" given the headlines.
"We're in a period of heightened political uncertainty. And those stocks are generally looked at as being defensive outlets, given their industry-leading positions, their balance sheet strength, and their generally dependable earnings growth," O'Hare said.
Among individual companies Delta Air Lines slumped 3.6 percent as it continued to be plagued by a major IT outage connected to a flawed update to an antivirus program from American cybersecurity group CrowdStrike.
Delta canceled more than 820 flights on Monday, according to tracker FlightAware.
Crowdstrike also had a rough day, plummeting 13.5 percent amid worries of a reputational hit to the company.
Verizon tumbled 6.0 percent after confirming its full-year forecast but reporting second-quarter revenues a bit below analyst expectations.
This week's earnings calendar includes reports from Google parent Alphabet, General Motors and Coca-Cola, while the economic releases include personal consumption pricing data.
Ch.Kahalev--AMWN