Wall Street Rallies From AI Rout
Wall Street indexes climbed on Monday as investors moved past last week anxieties and awaited inflation data. Nvidia shares fell following an internal probe into its CEO. Other chipmakers and major tech stocks advanced.
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Wall Street indexes climbed during Monday morning trading as investors recovered from last week's AI selloff while monitoring an internal investigation into NVIDIA CORP CEO Jensen Huang. The market rebound tests whether the post-midterm pullback was overdone. Broader equities advanced as major brokerages defended the tech sector's underlying fundamentals.
