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Dow Leads Market Rebound
U.S. stocks surged on Monday, with the Dow Jones jumping 1,104 points, or 2.15%, the S&P 500 rising 2.34%, and the Nasdaq gaining 2.74%, supported by falling oil prices and gains in technology shares. West Texas Intermediate crude fell 4.38% to $86.85 a barrel, while Brent dropped 5.85% to $92.57. Nvidia slid 5% amid reports of an investigation by its board, while other chipmakers’ shares rose, including AMD, up 13%, and Broadcom, up 9%. Despite the rebound, traders warned that risks remained around regulatory restrictions on AI investment, oil prices, and the path of interest rates. Markets are also watching for company earnings and U.S. inflation data due this week.
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