[BRIEFING.COM] The S&P 500 (+1.53%) is in second place on Monday afternoon, up a clean 117 points.
Briefly, S&P 500 constituents Akamai Tech (AKAM 116.21, +11.69, +11.18%), Qualcomm (QCOM 192.36, +14.64, +8.24%), and Everpure (P 111.98, +7.84, +7.53%) dot the top of the standings as a broader risk-on move, helped by lower oil prices and Treasury yields plus renewed enthusiasm around AI and semis, is lifting AKAM, QCOM and P, with QCOM also getting a boost from its latest AI-related technology news.
Meanwhile, UPS (UPS 94.87, -4.19, -4.23%) is today's top laggard after BofA Securities cut their target on the stock to $108 (from $115).