According to CNBC, the S&P 500 and Nasdaq Composite rallied Monday, largely as artificial intelligence stocks rebounded. The iShares MSCI South Korea ETF (EWY), which is dominated by SK Hynix and Samsung Electronics, rose 4% after steep declines over the past week. Barclays global chairman of research Ajay Rajadhyaksha said tech earnings are key this week and the firm had turned neutral on risk assets and duration amid fragile price action. Results from Meta Platforms and Tesla are among those due this week, while SpaceX reports after the bell Tuesday. Of the 47 S&P 500 companies that have reported third-quarter results thus far, 85% beat expectations, and the index is on track for blended earnings growth of 29%. Wells Fargo Investment Institute’s Sameer Samana characterized recent AI-trade activity as a reality check rather than a full unraveling, but said pressure could continue for days or weeks.