Nasdaq Rises, Comcast Jumps on Split Plans
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- U.S. indexes closed up Monday, with the Nasdaq rising and tech giants powering gains after an AI-fueled rout to recover losses from a rare losing week.
- Comcast stock jumped on plans to split the company, while AST SpaceMobile topped the day's market leaders.
Why it matters: Monday's session marked a tech-led recovery after an AI-fueled rout, with the Nasdaq and broader U.S. indexes bouncing back from a rare losing week. Comcast's split announcement drove a notable single-stock jump, and AST SpaceMobile leading the market shows speculative appetite rotating beyond megacap tech.
