U.S. stock indexes made some gains on Monday, as stronger technology stocks contributed to a rebound from the downturn experienced over the holiday season and into the new year.

The S&P 500 index rose by 0.6%, marking a second consecutive day of increase after enduring five days of declines. In contrast, the Dow Jones Industrial Average saw a slight dip, losing 0.1% after initially opening higher, while the Nasdaq composite outperformed, advancing by 1.2%.

A significant driver of the S&P 500’s rise was Nvidia, which gained traction ahead of CEO Jensen Huang’s presentation later in the day at the CES convention in Las Vegas. Meanwhile, Treasury yields remained stable following a report indicating resiliency within U.S. service sectors.

On Monday’s performance:

The S&P 500 added 32.91 points, bringing it to 5,975.38.

The Dow Jones Industrial Average decreased by 25.57 points, settling at 42,706.56.

The Nasdaq composite experienced a substantial rise of 243.30 points, reaching 19,864.98.

Lastly, the Russell 2000 index, which tracks smaller businesses, saw a minor decline of 1.83 points, closing at 2,266.65.

Year-to-date, the performance of the major indexes is as follows:

The S&P 500 has increased by 93.75 points, equivalent to 1.6%.

The Dow has risen by 162.34 points, or 0.4%.

The Nasdaq has gained 554.19 points, translating to a 2.9% increase.

The Russell 2000 index has shown growth of 36.49 points, or 1.6%.