The Dow Jones gained 0.13%, the Nasdaq index gained 0.45% and the broader S&P 500 index appreciated 0.40%.

The session had started in the red, driven by a further rise in bond yields.

The yield on 10-year US government bonds rose to 4.54%, a first in nearly 16 years, against 4.43% Friday at the close.

If they prefer the hypothesis of a monetary status quo until the end of the year, the operators have not ruled out the idea of a last rate hike, scenario to which they give a probability of about 40%.

For Peter Cardillo of Spartan Capital, the market finally bounced back from a technical threshold of the S&P 500, or 4,325 points, which triggered a wave of buying. From then on, the New York market "ignored bond yields and the acceleration of the dollar," he said.

The move benefited semiconductor manufacturers AMD (+1.23%) and Qualcomm (+2.55%), battered last week. The latter had lost nearly 10% since mid-September.

Another winner of the day, the microprocessor designer Arm (+6.08%), introduced on the stock market in mid-September, which remained on six negative sessions in a row.

Wall Street ignored two poor U.S. indicators, which showed a slowdown in activity in the Chicago (in August) and Dallas (in September) areas.

Investors are already focused on the release later this week of major data, in particular, Thursday, the PCE consumer price index, the pluis followed by the US central bank (Fed).

On the market, Amazon was hailed (+1.67%), after unveiling a major investment in the artificial intelligence (AI) start-up known as generative Anthropic.

According to the Wall Street Journal, the Seattle group will immediately inject $ 1.25 billion and could increase its bet to $ 4 billion according to certain criteria.

Netflix (+1.31%) and Paramount Global (+0.16%) benefited from the tentative agreement between the Hollywood writers' union and the studios, which is due to end a strike that began nearly five months ago. Disney (-0.30%) and Warner Bros Discovery (-3.96%) ended in the red.

HP was sanctioned (-1.76%) after the sale, by Berkshire Hathaway, the holding company of Warren Buffett, of 4.8 million shares of the computer manufacturer last week, according to a document published Friday by the stock regulator, the SEC.

Boeing (-0.54%) benefited from the order placed by Air Canada, which acquired 18 787-10 Dreamliner aircraft, the first of which are due to be delivered at the end of 2025. At list price, the order is worth about six billion dollars.

The pharmacy chain Rite Aid plunged (-33.89%) after the Wall Street Journal reported discussions between the group and its creditors for bankruptcy. According to the newspaper, the Philadelphia-based company has proposed closing 400 to 500 branches as part of a backup plan.

© 2023 AFP