The Roundhill Magnificent Seven ETF, which holds Nvidia, Apple Inc., Microsoft Corp, Google parent Alphabet Inc., Amazon.com Inc., Tesla Inc. and Facebook parent Meta Platforms Inc, was up 2.3%, according to FactSet data, at last check. That exceeded the S&P 500’s 1.3% rise.

Wall Street's major averages gained on Tuesday, as investors turn their attention to the first set of labor reports due over the week. Early on and the S&P 500 (SP500) was +0.3%, the Nasdaq Composite (COMP:IND) was +0.