Chip stocks continued to rise on Monday. SOXL, AMD, Super Micro up more than 4%; ASML up 3%; Marvell, Texas Instruments up more than 2%.

The United States struck a framework trade agreement with the European Union on Sunday, imposing a 15% import tariff on most EU goods, half the threatened rate, and averting a bigger trade war between two allies that account for almost a third of global trade.