Wall Street stocks shook off early weakness and forged higher Monday as some leading tech giants helped lift major Wall Street indices to fresh all-time highs.

After a slow start, the market “started to rebound and we saw a very familiar buy-the-dip trade that was led by the mega cap stocks,” said Briefing.com analyst Patrick O’Hare.

“The AI trade kicked in with news about Nvidia’s investment in Open AI.”

For the third straight session, all three major Wall Street indices powered to new all-time peaks, led by the tech-rich Nasdaq Composite Index, which finished up 0.7 percent at 22,788.98.

Earlier, equity markets in Europe and Asia were mixed.

Nvidia, which is part of all three US indices, gained 4.0 percent after the chip company announced it would invest up to $100 billion in OpenAI

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