Investors were pleased at the big rebound that the stock market had on Monday, and the news for the Nasdaq Composite (NASDAQINDEX: ^IXIC) was especially good. As of 3:15 p.m. EST, the Nasdaq had gained more than 2.5%, leading the way higher for the markets overall.
One set of Nasdaq stocks that has been instrumental in the index’s advances lately has been the e-commerce sector. Today, some big gains from key players in the industry are powering the Nasdaq’s gains, and they could continue to have a massive impact on the stock market in the future. Below, we’ll look at what’s sending shares of Amazon.com (NASDAQ: AMZN), MercadoLibre (NASDAQ: MELI), and Match Group (NASDAQ: MTCH) higher on Monday.