Stock Market Update

[BRIEFING.COM] The S&P 500 has rebounded from its session lows, currently up 0.3%. 

The financials sector (+0.7%) and technology sector (+0.7%) are leading the rebound as they currently sit at their best levels of the session.

Notable gains in the technology sector include Broadcom (AVGO 276.19, +6.84, +2.54%), Oracle (ORCL 220.11, +9.87, +4.69%), and Palantir Technologies (PLTR 138.25, +7.51, +5.74%); while top component Apple (AAPL 199.99, -1.09, -0.54%) limits further gains. 

Palantir's gain makes for a rebound from Friday's sharp drop, assisted by news that the company and Accenture (ACN 297.45, +1.99, +0.67%) are partnering to assist the federal government through the use of AI, while Oracle is rallying on positive comments from its CEO.