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US stocks surge as oil decline eases inflation concerns; Nvidia falls
Summary of 3 reports
US stocks rallied sharply on Monday with the S&P 500 gaining 2.34-2.35% and the Nasdaq Composite climbing 2.74%, driven by falling oil prices that reduced inflation worries. Technology shares broadly advanced, though AI heavyweight Nvidia declined amid uncertainty surrounding CEO Jensen Huang.
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US stocks: Dow rockets 1,100 points, S&P over 2% as oil slide cools inflation worries; Nvidia slumps (opens The Economic Times in a new tab)
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…
Wall St jumps as oil slide cools inflation worries; Nvidia slumps (opens CNA in a new tab)
US stocks jump as oil slide cools inflation worries; Nvidia slumps (opens The Straits Times in a new tab)
The S&P 500 gained 173.08 points, or 2.35%, to 7,549.94 and the Nasdaq Composite gained 673.71 points, or 2.74%, to 25,253.14.
