S&P 500, Nasdaq open higher as AI stocks rebound ahead of major earnings
SPY•The S&P 500 rose 0.57% and the Nasdaq gained 0.98% at the open as AI-related stocks rebounded and oil prices declined; the Dow fell 0.05%.
1. Stocks open higher
The S&P 500 rose 43.3 points, or 0.57%, to 7,702.77, and the Nasdaq Composite gained 255.3 points, or 0.98%, to 26,395.287. The Dow Jones Industrial Average fell 23.8 points, or 0.05%, to 51,978.58. AI-related stocks rebounded from last week's sharp selloff, while lower oil prices provided additional support ahead of key earnings reports this week.
