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Barchart
Rich Asplund

Stocks Settle Higher as Chipmakers and AI-Infrastructure Stocks Rebound

Stock Market S&P Semiconductor Nasdaq Oil QQQ China NAHB United States US Federal Reserve

The S&P 500 Index ($SPX) (SPY) closed up by +0.41% on Monday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.07%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.17%. December E-mini S&P futures (ESZ26) rose +0.43%, and December E-mini Nasdaq futures (NQZ26) rose +1.18%.

Stock indexes settled mostly higher on Monday, with chipmakers and AI-infrastructure stocks leading the broader market higher after last week’s selloff. Earnings optimism is lifting stocks ahead of this week's earnings results from Meta Platforms, Tesla, and Netflix.

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