Key Takeaways

• The S&P 500 and Nasdaq were higher at midday Monday, rebounding from last week's tech selloff with key tech earnings due later in the week.
• Nvidia shares rose, with the artificial intelligence chipmaker reportedly making a version of its Blackwell chip for the Chinese market compliant with U.S. export controls.
• Shares of CrowdStrike tumbled after the cybersecurity firm caused a global tech outage Friday.

The S&P 500 and Nasdaq were higher at midday Monday, rebounding from last week's tech selloff, with key tech earnings due later in the week . The Dow was little changed.

Nvidia ( NVDA ) shares rose, with the artificial intelligence (AI) chipmaker reportedly making a version of its Blackwell chip for the Chinese market compliant with U.S. export controls.

Tesla ( TSLA ) shares also gained ahead of the electric vehicle (EV) maker's earnings report Tuesday , after the company reported encouraging deliveries numbers earlier this month.

IQVIA ( IQV ) shares jumped after the healthcare industry analytics firm beat profit and sales estimates and raised its outlook on rising demand.

Vista Outdoor ( VSTO ) shares gained as the maker and marketer of sporting and outdoor products received a higher offer for its Kinetic Group unit from Prague-based defense company Czechoslovak Group.

Shares of CrowdStrike ( CRWD ) tumbled, extending Friday's losses following the cybersecurity firm's update that caused a global tech outage . Delta Air Lines ( DAL ) was among the companies still being impacted by it , and the carrier’s shares were lower as well.

Oil and gold futures fell. The yield on the 10-year Treasury note advanced. The U.S. dollar rose against the pound but fell to the euro and yen. Prices for most major cryptocurrencies were lower.

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