AI STOCKS LEAD A REBOUND ON WALL STREET AS EUROPEAN MARKETS DROP FOLLOWING PROTESTS

What happened: AI stocks rebounded on Wall Street Monday, with the S&P 500 up 0.5% and the Nasdaq up 1%, while European indexes fell more than 1% after weekend protests. Key numbers: S&P 500 +0.5%; Nasdaq +1%; Dow -76 points (-0.1%); Paris -1.6%; DAX -1.4%; FTSE 100 -1.3%; Kospi +1.8%; CoreWeave +3.2%; Nvidia +0.8%; SpaceX +2.3%; Cleveland-Cliffs +12.5%; 10-year Why it matters: Last week AI stocks fell on worries about borrowing costs, and analysts expect 29% profit growth, so upcoming reports from Meta Platforms and Lam Research must meet high expectations for stocks to keep rising.

AI stocks rebounded on Wall Street Monday, with the S&P 500 up 0.5% and the Nasdaq up 1%, while European indexes fell more than 1% after weekend protests.

Last week AI stocks fell on worries about borrowing costs, and analysts expect 29% profit growth, so upcoming reports from Meta Platforms and Lam Research must meet high expectations for stocks to keep rising.