Nasdaq Composite Rises 1% as Chip and AI-Linked Stocks Rebound
The tech-heavy Nasdaq Composite led Wall Street with a 1% advance Monday as investors returned to chip and other AI-related stocks after last week’s selloff.
By Sinéad Carew and Tharuniyaa LakshmiThe tech-heavy Nasdaq Composite led Wall Street with a 1% advance on Monday as investors returned to the chip sector and other AI-related stocks following last week's bruising selloff, while investors waited for key corporate earnings reports.On Friday, the ben…