{
  "id": 15637506,
  "title": "S&P 500, Nasdaq rise as AI stocks rebound and oil prices ease ahead of major US company earnings this week",
  "url": "https://urgent.news/2026/10/19/s-p-500-nasdaq-rise-as-ai-stocks-rebound-and-oil-prices-ease-ahead-of",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-19T17:13:07.000Z",
  "source": {
    "name": "Hindustan Times - World News",
    "slug": "hindustan-times-world-news",
    "url": "https://www.hindustantimes.com/world-news/us-news/sp-500-nasdaq-rise-as-ai-stocks-rebound-and-oil-prices-ease-ahead-of-major-us-company-earnings-this-week-101792428940525.html"
  },
  "original_language": "en",
  "account": "The S&P 500 and Nasdaq Composite climbed on Monday as AI-related stocks bounced back from last week's steep decline. Lower oil prices provided additional support for the market ahead of several major company earnings this week. The S&P 500 and Nasdaq Composite posted their most significant weekly losses since late June on Friday, as investors fretted about higher interest rates potentially raising the cost for companies to invest in AI infrastructure, particularly data centers, according to Reuters. The recent market sell-off reflected growing worries about how firms would finance the costly expansion of AI infrastructure, which had fueled the US stock market's bull run that marked its fourth anniversary. The Dow Jones Industrial Average slipped on Monday, with shares of JPMorgan Chase, Sherwin-Williams, and Visa experiencing minor declines. The trading session also coincided with the 39th anniversary of Black Monday, the October 1987 stock market crash when the Dow plummeted 22.6%. Semiconductor stocks surged as investors returned to AI-related shares, with Broadcom up 2.2% and Micron advancing 4.3%. The Philadelphia Semiconductor Index rose 2.5% and was poised to conclude an eight-day losing streak, its longest sequence of daily declines since October 2008. Amazon.com shares jumped 2.3% after Morgan Stanley deemed the e-commerce and cloud computing company its \"top pick.\" The upgrade added to the recovery in technology stocks. Goldman Sachs upgraded data center firm CoreWeave to \"buy\" from \"neutral,\" citing the recent share price decline as a buying opportunity. CoreWeave shares were up 0.2% on Monday after falling over 25% the previous week. Concerns about CoreWeave's $50 billion debt load contributed to its sharp drop last week. Sam Stovall, chief investment strategist at CFRA Research, attributed the technology stock sell-off last week to rising interest rates and concerns surrounding CoreWeave, warning that the issues might persist and urging investors to scrutinize company earnings this week to pinpoint businesses most at risk.",
  "summary": "S&P 500 and Nasdaq rise as AI stocks rebound and oil prices fall, while investors watch major company earnings and rising concerns over AI spending.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}