Stocks surged for a second day Monday to wrap up a rough January, as investors snapped up some of the tech shares that have been battered all month.

Despite the two-day relief rally, the S&P 500 and the Nasdaq Composite posted their worst months since the onset of the pandemic, as investors braced for the Federal Reserve to raise interest rates multiple times this year.

The S&P 500 rose 1.89% to 4,515.55, closing out the month down 5.3%. That’s its worst month since the 12.5% loss in March 2020, and its biggest January decline since 2009. The Dow Jones Industrial Average added 406.39 points, or 1.2%, to reach 35,131.86. That helped it cut its monthly loss to 3.3%, as it benefitted from its underweighting in tech shares.

The tech-heavy Nasdaq Composite rose 3.41% to 14,239.88, adding to its 3% comeback Friday. The index still ended down 8.9% for January, its worst month since March 2020.