SPY•The Dow opened up 0.78% at 52,173.40, the S&P 500 rose 0.45% to 7,613.87 and the Nasdaq gained 0.63% to 25,596.07 as technology and AI-related stocks steadied and crude oil prices fell.
Wall Street's main indexes opened higher on Monday, with technology and AI-related stocks steadying after a dismal October. The Dow rose 403.09 points, or 0.78%, to 52,173.40; the S&P 500 gained 33.80 points, or 0.45%, to 7,613.87; and the Nasdaq advanced 159.07 points, or 0.63%, to 25,596.07. Risk sentiment got a lift as crude oil prices dropped sharply amid growing hopes of a US-Iran peace deal.
