US Stocks Rebound as AI Shares Recover
The S&P 500 and Nasdaq rose as AI-linked stocks rebounded from recent losses. Easing oil prices provided support ahead of key corporate earnings reports this week.
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The S&P 500 gained 0.45% to 7,693.71 and the Nasdaq Composite rose 0.95% to 26,389.16 during Monday afternoon trading as artificial intelligence stocks rebounded. The advance follows a sharp selloff last week that triggered the steepest weekly drop for both indexes since late June. Easing oil prices provided support ahead of a busy corporate earnings calendar in the United States.
