AI stock rebound and upcoming earnings rush drive S&P 500 and NASDAQ higher.
Context
What happened: The S&P 500 and Nasdaq opened higher as AI-related stocks rebounded from last week's sharp selloff, with lower oil prices adding support ahead of key earnings reports.
Key numbers: Dow fell 23.8 points, or 0.05%, to 51,978.58. S&P 500 rose 43.3 points, or 0.57%, to 7,702.77. Nasdaq Composite rose 255.3 points, or 0.98%, to 26,395.287.
Why it matters: The rebound in AI stocks follows last week's sharp selloff, and the moves come ahead of key earnings reports due this week.
Coverage: 3 outlets in 24h