Nvidia traded slightly higher after Jensen Huang's CES keynote. Traders are eyeing key economic data later in the week.

U.S. stock indexes are rising Monday to recover more of the holiday-season slide that bridged the new year. The S&P 500 was 0.8% higher in early trading and on track for a second straight gain following five straight losses,

NVIDIA (NASDAQ: NVDA) is still the most important stock after two-plus years of dominating the stock market. Its GPU technology unlocked the door to AI, and now NVIDIA is capitalizing on it using a full-stack method.