Economic TimesLean R·
US stocks: Dow Jones rallies 500 points, Nasdaq over 2% as chip stocks rebound; Nvidia probe weighs
Wall Street’s main indexes rose on Monday as investors looked past last week’s AI-related concerns and awaited further clarity on the controversy surrounding Nvidia CEO Jensen Huang, Reuters reported.Meanwhile, the Dow Jones Industrial Average rose 569.51 points, or 1.11%, to 51,855.24. The S&P 500 rose 109.17 points, or 1.48%, to 7,462.90, while the Nasdaq Composite gained 616 points, or 2.53%, to 24,931.00.The rebound comes as a crucial week begins, which could help determine whether last…
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