Wall St opens higher after last week's AI rout
SPY•Wall Street's main indexes opened higher on Monday, with the Dow up 1.05% to 51,826.25, the S&P 500 up 0.81% to 7,436.76 and the Nasdaq up 0.82% to 24,780.15.
1. Indexes rise at open
The Dow Jones Industrial Average rose 540.52 points, or 1.05%, to 51,826.25 at the open. The S&P 500 gained 59.90 points, or 0.81%, to 7,436.76, while the Nasdaq Composite added 200.72 points, or 0.82%, to 24,780.15.
2. AI concerns in focus
Investors attempted to shake off last week's AI anxieties while awaiting more clarity on the controversy surrounding Nvidia CEO Jensen Huang.
