Dow Jones| Nasdaq | US Stock Market Today | Live: US market closes sharply higher as AI optimism returns, yields retreat

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Dow Jones Today | US Stock Market Live: The S&P 500 and Nasdaq ended sharply higher on Monday, lifted by gains in Advanced Micro Devices and other AI heavyweights, while Treasury yields retreated from recent highs and crude prices tumbled to an 11-day low on speculation about a potential breakthrough in Middle East talks at a UN meeting this week.
the S&P 500 gained 113.72 points, or 1.49%, to end at 7,764.22 points, while the Nasdaq Composite gained 599.55 points, or 2.26%, to 27,122.09. The Dow Jones Industrial Average rose 371.24 points, or 0.72%, to 52,053.88.
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The S&P 500 gained 113.72 points, or 1.49%, to end at 7,764.22 points, while the Nasdaq Composite gained 599.55 points, or 2.26%, to 27,122.09. The Dow Jones Industrial Average rose 371.24 points, or 0.72%, to 52,053.88.
The Federal Reserve’s determination to combat inflation gives investors reason for optimism, though risks tied to oil prices and artificial intelligence prevent them from fully committing, according to Bloomberg. (Read more)
Gold prices fell on Monday as expectations of further policy tightening by the US Federal Reserve this year and hawkish signals from other major central banks strengthened the dollar.
Spot gold was down 0.6% at $4,349.94 per ounce by 2:30 a.m. ET (1830 GMT), after falling more than 1% to a session low of $4,322.19 earlier. US gold futures settled 0.9% lower at $4,383.90.
The Federal Reserve will likely need to hike interest rates further to lower inflation resulting from strong demand as well as a commodity price shock that has moved beyond oil, St. Louis Fed President Alberto Musalem said on Monday, adding that it would be better for the US central bank to act sooner than wait.
"Both persistent demand and recurring supply forces are continuing to contribute to keeping inflation risks elevated, and I judge that without further policy restraint on inflation it is more likely to be substantially above our 2% target in 18 months than at target," Musalem said in an interview with Reuters.
Artificial intelligence giant OpenAI called on Monday for the United States to lead an international effort to develop global technical standards for frontier AI, including recursive self-improvement, where systems can autonomously enhance their own capabilities.
Paramount has reached a settlement with a group of US states that clears the way for its takeover of Warner Bros. Discovery, US media reported Monday, creating a Hollywood empire spanning television, news and cinema.
Paramount, which is run by David Ellison, whose ultra-wealthy family has ties to US President Donald Trump, won a bidding war in February for control of a stable of assets, including Warner Bros. Pictures, CNN and the HBO Max streaming service.
The Trump administration approved the deal, one of the largest media mergers in years, in June without demanding a change to its business, before 12 US states sued to block the transaction.
Paramount beat out Netflix in a high-stakes bidding war to acquire Warner Bros., with financing that reportedly includes about $24 billion in equity from sovereign wealth funds of Saudi Arabia, Qatar and Abu Dhabi.
The China-US summit on Thursday could touch upon topics including potentially extending the trade truce between the two superpowers, the Iran war, as well as regulation on AI advances. A report said the US proposedto extend the trade truce by six months, while China sought a longer extension.
Diesel prices have rallied in Europe and the United States to record highs as wars in Iran and Ukraine sharply cut exports from some of the biggest producers such as Russia, Saudi Arabia and the United Arab Emirates, with little options to prevent further gains.
Diesel futures in Europe closed at an all-time high last week having more than double their level at the beginning of 2026, after supply disruptions spread to the Red Sea, where Saudi Arabia loads most of its diesel.
The wars in the Middle East and Ukraine have damaged oil refineries in the region, and refineries elsewhere are working hard to make fuels. In the United States for example, refineries operated at the highest level in eight years in late August, according to the International Energy Agency.
Bitcoin, a key marker of risk tolerance, rose 6.3% to $86,313 to hit a more than seven-month high, lifting Coinbase and Strategy 5.8% and 8%, respectively.
Falling oil prices and a broader return of risk appetite helped cryptocurrencies move past setbacks on US crypto legislation and monetary policy.
Ether, the second-largest token, rose by more than 4.6% to $2,755, while other cryptocurrencies including XRP, Solana and Monero also posted gains.
London shares closed higher on Monday, with banks leading gains, as risk appetite worldwide got a boost after oil prices retreated on hopes of diplomatic progress in the Middle East.
The blue-chip FTSE 100 index rose 0.75% to 10,739.01 points after declining almost 1.5% in the previous session. The midcap FTSE 250 climbed 1.18% to its highest level in nearly two weeks.
Treasury Secretary Scott Bessent said the responsibility for the recent hacking incident involving OpenAI’s advanced artificial intelligence models was with that firm’s managers, while stopping short of suggesting any consequences.
“The Hugging Face incident, that is the responsibility of the OpenAI management, not a bunch of agents,” Bessent said on CNBC Monday. He said he agreed with Daniel Huttenlocher, a Massachusetts Institute of Technology research-lab co-chair, in believing “it is humans who are responsible, not the AI.” Bessent said that President Donald Trump’s idea of appointing an AI czar would “put context, shape and contours around these questions, and they’re very important.”
US Secretary of State Marco Rubio met the foreign ministers of Asian allies South Korea and Japan in New York on Monday ahead of a summit between US President Donald Trump and Chinese leader Xi Jinping this week.
Analysts say the US allies are anxious that Trump may offer concessions to Xi including over Taiwan and trade in return for an economic win with Beijing. Officials say both Japanese Prime Minister Sanae Takaichi and South Korean President Lee Jae Myung are keen to see the US president during the UN General Assembly in New York, where all three are scheduled to speak on Tuesday.
Smart ring maker Oura said on Monday it is seeking to raise as much as $2.2 billion in its US initial public offering, as the fall listing window looks to kick back into action after a subdued start marked by market volatility. (Read)
President Donald Trump said on Monday that Washington is working on a "massive" deal with respect to the purchase of potash from Belarus, adding that the pricing would be less than what the US currently pays to Canada.
"The United States is working on a massive Deal with respect to the purchase of Potash from Belarus," Trump said in a post on Truth Social.
Stocks of crude oil in the U.S. Strategic Petroleum Reserve fell to 284.6 million barrels last week, the lowest level since October 1982, according to data from the Department of Energy. The drawdowns are part of a U.S. agreement to release 172 million barrels from the facility.
Advanced Micro Devices soared past $1 trillion in market capitalization for the first time on Monday, joining a small group of chipmakers to reach the milestone, as investors bet on its expanding role in artificial intelligence computing.
Its shares were last up 9.6% at $613.50, hitting a record high.
Paramount Skydance has reached a settlement with California and other states suing to block its $110 billion merger with Warner Bros Discovery , Bloomberg News reported on Monday, citing a person familiar with the matter.
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation and raise borrowing costs. He said the debate reinforces the importance of Federal Reserve independence.
The Dow Jones Industrial Average rose 254.1 points, or 0.49%, at the open to 51936.76. The S&P 500 rose 42.3 points, or 0.55%, at the open to 7692.83, while the Nasdaq Composite rose 200.6 points, or 0.76%, to 26723.194 at the opening bell.
US Treasury Secretary Scott Bessent said on Monday that all Iranian airlines will be shut down on September 23 by the threat of secondary sanctions on air services providers and that Chinese officials have been "very engaged" in the U.S. economic pressure campaign against Iran.
Bessent told CNBC after concluding talks on Sunday night with Chinese Vice Premier He Lifeng that when Iranian airlines land at an airport, "you cannot provide them with fuel, you cannot provide them with landing services, you cannot sell them tickets, or you will be knocked out of the dollar system."
Treasury Secretary Scott Bessent told CNBC in an interview on Monday that he and US President Donald Trump remain confident in Federal Reserve Chairman Kevin Warsh after the central bank raised rates last week.
Google has been fined 403 million euros ($463 million) for breaching the European Union's strict privacy rules because it mishandled users' location data, the bloc's data privacy watchdog said Monday.
Ireland’s Data Protection Commission said its investigation found Google did not lawfully or fairly process location data in users’ Web & App Activity, a Google setting that tracks browsing and search history, and in their Location History, a service that maps places they've been with their mobile phones.
Warner Bros shares rose 7.1% after a report said Paramount had discussed concessions in advanced settlement talks with California’s attorney general, potentially clearing a path for the proposed merger between the two companies.
iInvestors are wary of the interest-rate outlook after a recent pickup in inflation prompted the US Federal Reserve to raise rates for the first time in three years. Markets see a 53% chance of another rate hike next month, CME's FedWatch showed.
Falling crude prices eased pressure on equities as the benchmark 10-year US Treasury yield dropped below the closely watched 5% level. Energy-sensitive airline stocks benefited, with Delta Air Lines and American Airlines gaining more than 1.5% each.
US stock futures climbed on Monday, led by gains in artificial intelligence shares, as Treasury yields fell sharply and crude oil prices dropped 2% to an 11-day low amid signs of progress in Middle East talks. Sentiment improved after US President Donald Trump said he was open to meeting Iranian President Masoud Pezeshkian during the UN General Assembly. At 7:09 a.m. ET, Dow futures rose 0.78%, S&P 500 futures gained 0.67%, and Nasdaq 100 futures advanced 1.04%.
Chip companies such as Intel rose 5.3%. Marvell added 2.2%, Meta climbed 2.6% and Dell advanced 2.3%. Accenture also gained and was up 6.1% after partnering with Anthropic to invest $2 billion in AI evaluation.

document fetched 2026-09-22 02:54