Wall Street opened higher on Monday, led by a rebound in artificial intelligence (AI) stocks as investors returned to the sector after recent volatility, while markets also assessed a planned mega share sale by South Korean chipmaker SK Hynix and an increase in oil output by OPEC+.

A rebound for AI stocks is helping to support Wall Street and keeping indexes mixed

Wall Street opened higher on Monday, led by a rebound in artificial intelligence (AI) stocks as investors returned to the sector after recent volatility, while markets also…

U.S. stocks rose sharply, led by chipmakers like Broadcom on AI-driven optimism and a strong earnings outlook. Microsoft fell after announcing job cuts, while investors remained…