Nasdaq 100: Oracle Jumps as Tech Stocks Lead US Indices Higher Today

Comments from both Trump and Vice President JD Vance eased concerns about an escalation in the U.S.-China tariff standoff. Traders viewed the messaging as a green light to reenter positions in recently punished tech and growth stocks, especially those reliant on Chinese exports such as rare earths.

What should traders watch next?

Despite Monday’s strength, caution remains warranted. The federal government shutdown is extending into another week, putting the Oct. 15 payrolls deadline in focus. Earnings season also kicks off this week, with reports from JPMorgan, Citigroup, Wells Fargo, and others.

Downgrades on Intel and Texas Instruments by Bank of America may limit gains, particularly for chipmakers lacking strong AI exposure.

Still, with bullish sentiment reemerging and strong tech leadership, a sustained break above resistance could pave the way for a run at new highs—if earnings and policy headlines cooperate.

More Information in our Economic Calendar.