NEW YORK (AP) — Wall Street is clawing back some of its steep losses from Friday, as stocks swept up in the artificial-intelligence boom bounce back on Monday. Oil prices, meanwhile, are higher following fighting between Israel and Iran, but they have come off their peaks from overnight.
The S&P 500 rose 0.7% following its 2.6% drop from Friday, which was its worst since October. The Dow Jones Industrial Average was up 207 points, or 0.4%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 1.1% higher.
