The Economic Times

Why is the US stock market rallying big today? Dow Jones, S&P 500 and Nasdaq surge on AI boom Nvidia and Intel jump as Nasdaq significantly outperformed both the Dow and S&P

US Stock Market Rallies Monday as Tech Leads Rebound After Friday's Selloff: The Dow Jones Industrial Average climbed above 51,000. The S&P 500 advanced nearly 1%. The Nasdaq gained more than 1.5%, leading the rebound. Intel soared 11% on a major Google AI chip order, while Nvidia and Micron climbed on renewed AI trade confidence. Iran-Israel strikes pushed oil near $98 a barrel, adding inflation risk ahead of Wednesday's CPI report.