US stock market today: Dow, S&P 500, Nasdaq rise as investors return to AI shares; oil slides
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓US stocks opened higher on Monday, November 9, as investors returned to AI shares.
- ✓The Dow rose 1.2%, while the S&P 500 and Nasdaq gained 0.8% each.
- ✓Meanwhile, oil prices fell over 4% after Donald Trump played down the possibility of fresh military strikes on Iran, easing global supply concerns.
Story at a Glance
- Category
- Indian Markets
- Reported By
- CNBC TV18
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
US stocks opened higher on Monday, November 9, as investors returned to technology and artificial intelligence (AI) shares ahead of a busy week of corporate earnings and key inflation data.
The Dow Jones Industrial Average rose 1.2%, while the S&P 500 and Nasdaq Composite gained 0.8% each. The gains came after all three major indices ended last week lower.
AI stocks remained in focus following last week's market volatility and a sharp fall in Nvidia shares. The chipmaker's stock dropped around 6% amid reports concerning CEO Jensen Huang, even as the broader market began recovering from Thursday's sell-off.
With much of the third-quarter earnings season behind them, investors are now tracking results from companies including Hims & Hers, Rocket Lab and Monday.com, which are scheduled to report on Monday.
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CNBC TV18
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