Stocks Rebound After Down Week
Stocks jumped on Monday, recovering from last week’s losses as chipmakers jumped. The Dow Jones Industrials stormed ahead 232.67 points to 42,964.80. The S&P 500 spiked 66.56 points, or 1.1%, to 6,009.03. The NASDAQ Composite popped 349.57 or 1.8%, to 19,971.25. Chip stocks led the gains after Foxconn announced record fourth-quarter revenue. Nvidia and Broadcom…