US stocks: Dow rockets 1,100 points, S&P over 2% as oil slide cools inflation worries; Nvidia slumps
US stocks rallied sharply on Monday as falling oil prices eased inflation concerns and helped the S&P 500 rebound from its steepest weekly decline since April 2025. Technology…
Attributed summary
US stocks rallied sharply on Monday as falling oil prices eased inflation concerns and helped the S&P 500 rebound from its steepest weekly decline since April 2025. Technology shares also surged, even as AI heavyweight Nvidia tumbled amid uncertainty surrounding CEO Jensen Huang, Reuters reported.The S&P 500 climbed 172.97 points, or 2.34%, to close at 7,549.83. The Nasdaq Composite gained 671.13 points, or 2.73%, to 25,250.55, while the Dow Jones…
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