After coming under pressure last week, tech stocks have picked back up, leading all three major indexes (^DJI,^GSPC, ^IXIC) to close higher in Monday's trading session. This comes after a major shakeup occurred in the 2024 presidential race, where President Biden announced he would exit and instead endorse Vice President Kamala Harris as the Democratic nominee. With rising uncertainty around the election, volatility has come into focus in the markets.

Yahoo Finance markets reporter Josh Schafer joins Asking for a Trend to break down his biggest takeaways from the trading day.

For more expert insight and the latest market action, click here to watch this full episode of Asking For a Trend.

This post was written by Melanie Riehl