US Equities Rebound to Kick Off the Week
2026-03-16 20:02
By
Felipe Alarcon
1 min. read
US equity indices rebounded on Monday as the S&P 500 gained 1.1%, the Dow rose 1%, and the Nasdaq added 1.2% as markets reassessed the risk of a lasting energy shock.
This recovery was primarily driven by news that select tankers successfully navigated the Strait of Hormuz over the weekend, which signaled a degree of leniency in energy exports and pared concerns over a prolonged global supply shortage.
As oil prices retreated from their recent peaks, investors rotated back into credit-sensitive sectors, with tech and banks recording gains while chip producers outperformed amid ongoing optimism for artificial intelligence implementation.
Nvidia rose 1.6% while Micron jumped 3.7% ahead of its upcoming earnings report, and Meta climbed 2.3% on reports concerning potential workforce restructuring.
These equity gains were supported by a retreat in Treasury yields, though trading volumes remained relatively light as investors continued to navigate geopolitical uncertainty.