US stocks rebounded Monday as Nvidia led big-tech gains, easing the prior session's tech rout. Nvidia gains helped lift the broader market after Friday's 2.64% S&P 500 drop and 4.18% Nasdaq plunge that erased $1.8 trillion. Goldman Sachs strategist John Flood sees the pullback as non-reckless positioning, keeping dips as buying opportunities for investors who held through 24 prior S&P highs.

The Bear Case

Friday's jobs report stoked rate-hike fears and exposed AI...