AI stocks rebounded on Wall Street Monday, recovering some of last week's steep losses, with the S&P 500 up 0.9% and the Nasdaq composite up 1.7%, while most other U.S. stocks fell. European indexes slid more than 1% after weekend protests raised the prospect of bigger government spending, pushing French bond yields up more than German ones. The 10-year Treasury yield edged up to 5.12%, though falling oil prices, with Brent down 1.4% to $108.35 per barrel, helped keep yields in check. Nvidia added 2.1%, CoreWeave rose 2.9% after tumbling 25.2% last week, and SpaceX gained 3.1% to $150.55, while Cleveland-Cliffs jumped 15.1% on a bigger-than-expected profit. Investors now await Wednesday's results from Meta Platforms and Lam Research for more clues on AI spending, while analysts forecast 29% profit growth for S&P 500 companies.
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Related tickers and likely impact
QQQ
▲ Likely positiveInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 709.82 |
| Change that session | -2.50% |
NVDA
▲ Likely positiveNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/16/2026 | 214.14 |
| Change that session | -1.42% |
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 763.31 |
| Change that session | -1.10% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- AI stocks lead a rebound on Wall Street as European markets drop following protests
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- AI stocks lead rebound on Wall Street as European markets drop
- AI stocks lead rebound on Wall Street as European markets drop
- AI stocks lead a rebound on Wall Street as European markets drop following protests – KTBB News , Weather , Talk
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