US stocks climb amid shaky trading in markets worldwide

U.S. stocks experienced a rise on Monday amidst turbulent trading in global financial markets, with artificial intelligence stocks experiencing significant fluctuations and Brazilian stocks declining. The S&P 500 increased by 0.8 percent and nearly regained its losses from the previous week, bringing it to within 1.6 percent of its all-time high reached earlier this month.

The Dow Jones Industrial Average rose 154 points, or 0.3 percent, as of 1:15 p.m. Eastern time, while the Nasdaq composite was up 1.1 percent. The most significant boost for the market came from Nvidia, which experienced a 2.5 percent increase, helping the chip company recover some of its decline from three consecutive losing weeks, its longest such streak since June, and maintain its status as the largest stock on Wall Street, surpassing Apple.

However, stocks in the artificial intelligence industry remained volatile, swinging due to concerns about the potential threat to their industry's growth caused by increasing costs for companies to borrow money to construct data centers and acquire additional AI chips. Meta Platforms led these fluctuations after announcing plans to increase.