Rising technology stocks helped U.S. indexes recover more of their holiday-season slide that bridged the new year. The S&P 500 climbed 0.6% Monday, its second straight gain following five straight losses.

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A soft finish to 2024 still left stocks with a second straight stellar year. The S&P 500 logged a 23.3% gain, which follows a 24% rise in 2023. The combined gains of more than 53% was the largest two-year percentage jump for the index since year-end 1998,

The Dow ended more than 400 points lower on Monday, clawing back some of the deepest losses from earlier in the day.

Asian stocks are mixed after Wall Street snapped out of a spell of holiday season blues, with markets in Tokyo and China declining. Japan’s finance minister rang in the New Year as Tokyo’s market resumed trading after the long traditional holiday,

Asian equities were primed to rise in major markets on Monday after Wall Street snapped a five-day losing streak, helped along by fresh demand for big tech stocks.