Alex Ossola

Thanks for listening.

AI stocks bounce back after last week's sell-off.

Plus, a judge strikes down President Trump's $100,000 fee for H-1B visas.

And driverless trucks are here, and they're ready to bring you chips and drinks?

No one ever drives a C. It's Monday, June 8th.

I'm Alex Osola for The Wall Street Journal.

This is the p.m.

edition of What's News?

The top headlines and business stories that move the world today.

First up today, the stock market.

Tech stocks made up some ground after big declines last week.

The Nasdaq ended up 0.9 percent.

An index tracking chip stocks climbed 5.6 percent.

Here's a little historical nugget showing that this is a typical pattern.

Dow Jones market data shows that, on average, the Nasdaq gains half a percent the day after a drop of 4 percent or more.

And the Nasdaq sank 4.2 percent on Friday.

Meanwhile, the S&P edged up 0.3 percent and the Dow slid.

In other markets news, go Knicks.

As we've discussed on the show and you might have seen pretty much anywhere else, the New York Knicks are in the NBA finals with a current 2-0 series lead.

and the only people more excited than fans are investors.