Tech shares were aided by reports of a $100 billion U.S. manufacturing pledge from the iPhone maker. The Nasdaq rose 1.2%, while the S&P 500 gained 0.7% and the Dow industrials added 0.2%.

Two of the three major U.S. indexes were trading above their last record closes on Monday morning as investors monitored inflation, tariffs and developments in the chip sector. The S&P 500 and Nasdaq both were up 0.