Stocks gain as technology shares outperform, Bitcoin recovers some losses

Stocks gain as technology shares outperform, Bitcoin recovers some losses

Stocks rose Monday to recover some of last week’s losses, with investors’ concerns over inflation at least temporarily receding. 

The S&P 500 rose by about 0.5% after ending last week lower. The Dow and Nasdaq also opened higher. Technology stocks outperformed as Treasury yields retreated.

Bitcoin (BTC-USD) prices steadied to rise by more than 11%, after the largest cryptocurrency by market cap endured an extended streak of selling over the weekend. At their worst point during the past week’s…


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