Stock Market Today: Why the Stock Market Is Rebounding; Dow ...

With the S&P 500 up 1.7%, only 52 of its members were set to decline on the day. With the Dow up 467 points, or 1.2%, only seven of its members were declining. The Nasdaq was up 1.8% and about two-thirds of its stocks were rising.

Then there’s the so-called Mag 7. The group, which features Nvidia, Apple, Tesla, Alphabet, Amazon.com, Microsoft, and Meta Platforms, collectively shed $654 billion in market cap on Monday. Today, Apple was down another 0.5%, while Tesla was down 0.5%. Alphabet shares were down 0.1%. Amazon.com was up 1.3%, while Microsoft was up 2.4%. Nvidia was up 4.6%, while Meta was up 5%.