The S&P 500 rose 0.8%, the Nasdaq gained 0.6%, and the Dow added 300 points, with technology stocks outperforming after reports that Nvidia (+1.5%) plans to begin shipping H200 AI chips to China by mid-February. Meanwhile, Oracle added 3.2% while Micron Technology grew 4%. Energy also advanced with heavyweights Exxon Mobil and Chevron adding 1.3% and 1.4%, respectively, as oil prices firmed on renewed supply concerns tied to US actions involving Venezuela, while consumer discretionary and materials posted moderate gains. The advance came as investors continued to digest recent US labor data showing softer hiring and a rise in unemployment to 4.6%, reinforcing expectations that the Federal Reserve will begin cutting rates next year. Trading conditions remained thin ahead of Christmas, with attention turning to delayed US data releases later this week, including the second estimate of GDP, for confirmation that growth is cooling without tipping sharply lower.