4 hrs ago
Wall Street Rises as AI Stocks Shine and Oil Falls
US stock markets went up on Monday.
Technology companies connected to artificial intelligence led many of the gains.
Advanced Micro Devices became a company worth $1 trillion in the stock market.
Oil prices fell by more than 3%, which helped make investors feel less worried about costs.
Investors also watched signs of possible progress in Middle East negotiations.
However, people remained concerned that interest rates could rise again because inflation is still strong.
The US and China are expected to discuss trade and artificial intelligence rules this week.
Bitcoin also rose, helping some cryptocurrency-related companies.
Overall, investors were more hopeful than they had been during the previous AI-related selloff.
The Dow, S&P 500 and Nasdaq rose 0.47%, 0.92% and 1.48%, respectively, in morning trading.
Advanced Micro Devices surged 8.5% and reached a $1 trillion market valuation, while Intel gained 9%.
Oil prices fell more than 3% to an 11-day low amid hopes for progress in Middle East negotiations.
Investors remained cautious about interest rates after inflation pressures prompted the Federal Reserve to raise rates.
Markets also reacted to possible US-China trade discussions, a Greenland diplomatic breakthrough and gains in bitcoin-related stocks.
- Who
- US stock-market investors, technology companies and policymakers, including Federal Reserve officials, US President Donald Trump and Chinese and US officials.
- What
- Major US stock indexes rose as AI-related shares gained, oil prices dropped and investors assessed interest-rate and geopolitical developments.
- Where
- US financial markets, with related diplomatic and economic developments involving the Middle East, Greenland, China and the United States.
- When
- Monday, September 21, 2026; the market figures were reported at 10:24 a.m. ET.
- Why
- AI spending optimism, lower Treasury yields, falling oil prices and hopes for diplomatic progress supported markets, while inflation and possible further rate increases remained concerns.
Market Optimists
Market Cautious
AI-driven growth
Market Optimists
Investors focused on continued spending on AI development, which has supported corporate profits and stock-market gains.
Market Cautious
The debate over AI safety versus productivity benefits remains unresolved and could continue for months or years.
Interest rates
Market Optimists
Lower Treasury yields and falling oil prices eased pressure on equities and supported the market advance.
Market Cautious
Recent inflation strength and comments from Federal Reserve officials raised concern that another rate increase could be needed.
Geopolitical developments
Market Optimists
Hopes for Middle East negotiations, a US-Denmark understanding over Greenland and possible US-China discussions improved sentiment.
Market Cautious
The United States and Iran continued exchanging threats, while the outcomes of the diplomatic discussions remained uncertain.
Key facts
- Dow Jones Industrial Average
- Rose 241.25 points, or 0.47%, to 51,923.89 at 10:24 a.m. ET.
- S&P 500
- Gained 70.38 points, or 0.92%, to 7,720.88.
- Nasdaq Composite
- Added 393.21 points, or 1.48%, to 26,915.76.
- Advanced Micro Devices
- Rose 8.5% and reached a $1 trillion market valuation.
- Oil prices
- Dropped more than 3% to an 11-day low.
- Interest-rate outlook
- Markets saw a 50% chance of another rate increase the following month, according to CME FedWatch.
- Bitcoin
- Rose 5.3% to a more than seven-month high.
Quotes
Chris Zaccarelli
Chief investment officer for Northlight Asset Management
“The excitement in the build-out and adoption of AI has really driven a lot of the growth in corporate profits and a lot of the gains in the stock market over the past few years.”
thehindubusinessline.com









