The AI Trade Leads Today's Stock Market Rally

Stocks climbed on Monday with tech leading the march higher as investors eyed the possibility of a U.S.-Iran deal.

The Nasdaq Composite added 1.4% as the S&P 500 gained 0.9%. The Dow Jones Industrial Average gained 0.4%, or 194 points.

Communication services and information tech were the best performing sectors, rising 3.2% and 1.3%, respectively.