The Roundhill Magnificent Seven ETF, which holds Nvidia, Apple Inc., Microsoft Corp, Google parent Alphabet Inc., Amazon.com Inc., Tesla Inc. and Facebook parent Meta Platforms Inc, was up 2.3%, according to FactSet data, at last check. That exceeded the S&P 500’s 1.3% rise.

At the closing bell on Friday, the blue chip Dow Jones Industrial Average was up 0.8% to 42,732, the broader S&P 500 added 1.3% to 5,942 and the tech-heavy Nasdaq Composite rose 1.8% to 19,621.

Wall Street observed an up and down day for the broader market averages on Monday as markets rallied in the morning and sold off in the afternoon. Investors saw a mixed finish as the Dow lost ground but the Nasdaq led the way higher as shares of Nvidia (NVDA) moved up 3.