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US stocks rise as AI shares rebound from sell-off and oil prices ease

By ChordNews · First written (new coverage )

S&P 500, Nasdaq rise as AI stocks rebound and oil prices ease ahead of major US company earnings this week
Image: hindustantimes.com
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Summary

US stock indexes rose on Monday as AI shares rebounded from a sell-off that followed the previous week's losses. The Financial Times reported that the Nasdaq 100 gained after its biggest weekly drop since last year's trade war rout. Hindustan Times reported that the S&P 500 and Nasdaq rose as AI stocks rebounded and oil prices eased, with investors looking ahead to major US company earnings due this week and rising concerns over AI spending. Semafor reported that the Nasdaq rose as investors rotated back into chip stocks, after fears over the sustainability of the AI boom fueled last week's selloff, with the rally coming ahead of Meta's earnings.

Later: Wall Street gains as healthcare stocks rally and oil prices fall

Timeline

  1. Hindustan Times

    Source ↗

    Hindustan Times reports that the S&P 500 and Nasdaq rose as AI stocks rebounded and oil prices eased ahead of major US company earnings this week, amid rising concerns over AI spending.

  2. Financial Times

    Source ↗

    The Financial Times reports that the Nasdaq 100 rose after its biggest weekly drop since last year's trade war rout, as US stocks recovered from an AI sell-off.

  3. Semafor

    Source ↗

    Semafor reports that the Nasdaq rose as investors rotated back into chip stocks, after fears over the sustainability of the AI boom fueled last week's selloff, ahead of Meta's earnings.

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