Energy, financials help Wall Street rise from bruising week; Dow up 270 pts

Biden corporate tax hike in focus; S&P energy sector jumps 3.3%

Wall Street indexes on Monday rose from their worst week in several months, with economically sensitive stocks leading gains as focus turned to potential changes to corporate tax and monetary policy.

But gains in the Nasdaq were held back by major technology stocks as investors pivoted to sectors more likely to benefit from an economic bounce back this year.

Still, Apple Inc was the biggest boost to the tech-heavy index, rising 0.6% after a mixed court ruling in Epic Games' antitrust case against the iPhone maker knocked nearly $90 billion off its market value on Friday.

The S&P energy sector was the best