Salesforce Inc.
(NYSE:CRM) stock climbed nearly 3% on Monday as investors rotated back into large-cap technology stocks amid improving risk appetite.
The Nasdaq gained 1.24%, the S&P 500 advanced 1.13%.
The move may reflect a broader sector rotation, with some investors shifting out of semiconductor and AI hardware stocks after their strong gains and into enterprise software companies that have lagged the broader technology rally.
Salesforce Technical Picture Improves Salesforce is trading about 10% above both its 20-day and 50-day simple moving averages, signaling improving short-term momentum.
