Wall St opens higher as AI stocks advance, oil slides

Kitco Media
By Reuters
Published:
Updated:
Reuters
Wall St opens higher as AI stocks advance, oil slides teaser image

Sept 21 (Reuters) - Gains in AI stocks boosted the ​main US stock ‌indexes on Monday, as Treasury yields retreated and ​crude prices ​tumbled more than 2% to ⁠hit an 11-day ​low on indications ​of progress in Middle East negotiations.

The Dow Jones Industrial ​Average (.DJI), rose 254.1 ​points, or 0.49%, at the ‌open ⁠to 51936.76. The S&P 500 (.SPX), rose 42.3 points, or 0.55%, ​at ​the ⁠open to 7692.83, while the ​Nasdaq Composite (.IXIC), rose ​200.6 ⁠points, or 0.76%, to 26723.194 at the ⁠opening ​bell.

Reporting by ​Johann M Cherian in Bengaluru; ​Editing by Pooja Desai

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.