Wall Street bounces back from AI sell-off, Nasdaq rallies over 3%, but Nvidia plunges 9% on Jensen Huang controversy
US markets kicked off Monday’s trade on a strong note, as Wall Street looked to recover from its worst weekly performance in nearly two years, with a drop in crude oil prices and dip-buyers stepping in to pick up beaten-down shares.
The Dow Jones Industrial Average jumped 844 points, or 1.65%. The S&P 500 rose 2%, while the Nasdaq Composite gained 3.4% at their respective intraday highs.
