The Roundhill Magnificent Seven ETF — which holds Big Tech stocks including Nvidia, Apple Inc., Microsoft Corp, Alphabet Inc., Amazon.com Inc., Tesla Inc. and Meta Platforms Inc. —was up 1.5% in afternoon trading, according to FactSet data, at last check. Nvidia was rallying the most with a 3.8% jump, followed by Tesla at 1.8% and Apple at 1.5%.

Shares have soared in Shanghai but then gave up a chunk of their initial gains as details of economic stimulus plans from officials in Beijing fell short of what investors

Shares of Tesla Inc. TSLA slid 3.70% to $240.83 Monday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index COMP falling 1.18% to 17,923.90 and Dow Jones Industrial Average DJIA falling 0.94% to 41,954.24.