The S&P 500 gained 1.50%, while the Nasdaq climbed 2.13%, helped by falling Treasury yields, sharply lower oil prices, and another wave of buying in large-cap technology. Investors also reacted positively to the latest ISM Manufacturing report, which showed the factory sector continuing to expand. The bond market added another tailwind for equities as Treasury yields moved lower across the curve, easing valuation pressures on growth stocks. The decline in yields gave investors added confidence to rotate back into higher-growth sectors, particularly technology. The sharp decline in crude helped temper inflation concerns and reinforced the move lower in Treasury yields.