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Dow Gains 1,100 at Close

Dow Gains 1,100 at Close

U.S. stocks surged on Monday, with the Dow Jones jumping 1,104 points, or 2.15%, supported by falling oil prices and gains in technology shares. The S&P 500 rose 2.34% and the Nasdaq 2.74%. West Texas Intermediate crude fell 4.38% to $86.85 a barrel, while Brent dropped 5.85% to $92.57. Nvidia shares fell 5% amid reports of an investigation into its CEO’s ties, while shares of other technology and chip companies rose. Investors warned that risks related to regulation, AI, oil prices and the path of interest rates remain, as markets await corporate earnings and inflation data later this week.

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