S & P 500 , NASDAQ RISE AS AI STOCKS REBOUND AND OIL PRICES EASE AHEAD OF MAJOR US COMPANY EARNINGS THIS WEEK

What happened: The S&P 500 and Nasdaq Composite rose on Monday as AI-related stocks recovered from last week's sharp fall, with lower oil prices also supporting the market ahead of major earnings this week. Key numbers: S&P 500 gained 34.27 points, or 0.45%, to 7,693.71. Nasdaq Composite rose 249.13 points, or 0.95%, to 26,389.16. Why it matters: The prior selloff reflected concerns about how companies will pay for expensive AI infrastructure expansion, and CFRA's Sam Stovall warned the problems might continue as investors examine earnings this week to identify businesses most at risk. Coverage: 5 outlets in 24h

The S&P 500 and Nasdaq Composite rose on Monday as AI-related stocks recovered from last week's sharp fall, with lower oil prices also supporting the market ahead of major earnings this week.

The prior selloff reflected concerns about how companies will pay for expensive AI infrastructure expansion, and CFRA's Sam Stovall warned the problems might continue as investors examine earnings this week to identify businesses most at risk.