Positive start to week for Wall Street, Dow Jones up 76 points

NEW YORK, New York - A major rise in Facebook's parent, Alphabet, together with gains by Nvidia boosted Wall Street on Monday.

"Today's flavor is a rotation into tech," Jay Hatfield, founder and CEO of Infracap told CNBC Monday.

"We're in this seasonally weak period and people don't know really what to do, so they're kind of alternating between selling tech and selling the rest of the market," he said.