AI stocks rebounded Monday: the S&P 500 rose 0.6% after its worst week since June, the Nasdaq gained 1.4%, and CoreWeave rose 1.2% after tumbling 25.2% last week. Nvidia added 2%, but most U.S. stocks outside AI and tech were falling. In Europe, indexes dropped more than 1% (Paris 1.1%) after violent weekend protests that could force governments to boost spending, pushing bond yields higher. The 10-year Treasury yield climbed to 5.15% from 5.09%, after topping 5.30% earlier this month, its highest level since 2002. Brent crude fell 0.4% to $109.38 a barrel, and Cleveland-Cliffs rallied 16.1% after beating profit expectations.
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Related tickers and likely impact
NVDA
▲ Likely positiveNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/16/2026 | 214.14 |
| Change that session | -1.42% |
QQQ
▲ Likely positiveInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 709.82 |
| Change that session | -2.50% |
GOOGL
▲ Likely positiveAlphabet Inc. (Class A)
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.3T |
| Close on 10/16/2026 | 340.59 |
| Change that session | -2.47% |
META
▲ Likely positiveMeta Platforms
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.9T |
| Close on 10/16/2026 | 709.34 |
| Change that session | -3.72% |
MSFT
▲ Likely positiveMicrosoft
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Systems Software |
| Market cap | $4.0T |
| Close on 10/16/2026 | 528.95 |
| Change that session | -1.94% |
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 rebound on Wall Street as European markets drop
- AI stocks lead a rebound on Wall Street as European markets drop following protests
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.
- AI stocks lead a rebound on Wall Street as European markets drop following protests
AI stocks bounced back on Wall Street after a steep slide last week, while the rest of the market and global stocks remained shaky. The S&P 500 rose 0.5% and the Nasdaq gained 1.1%, while many European indexes fell more than 1%, including 1.1% in Paris, after weekend protests raised worries about government spending and bond yields. CoreWeave rose 2.8% after tumbling 25.2% last week, and Nvidia added 1.3%. The 10-year Treasury yield climbed to 5.14% from 5.09%, after topping 5.30% earlier this month, its highest level since 2002, raising borrowing costs for governments, companies and households. Cleveland-Cliffs jumped 15.8% after reporting a bigger-than-expected quarterly profit, while Brent crude rose 0.2% to $110.12 a barrel.
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AI stocks recovered part of last week's steep losses on Wall Street, while the broader U.S. market and global stocks stayed shaky. As of 10 a.m. Eastern, the S&P 500 rose 0.4% and the Nasdaq Composite gained 0.9%, while the Dow Jones fell 44 points, or 0.1%. European indexes dropped more than 1%, with Paris down 1.5%, after violent weekend protests raised the prospect of higher government spending and more pressure on bond markets. CoreWeave rose 0.6% after trimming an early 7% gain, and Nvidia added 0.6%, one of the strongest forces lifting the S&P 500. The 10-year Treasury yield rose to 5.10%, after topping 5.30% earlier this month, its highest level since 2002, while Brent crude fell 1.6% to $108.13 per barrel.
- 10 IT stocks add Rs 2 , 75 , 000 crore in m cap in best week in 18 years ; here why
Nifty IT surged 11.72% over the week, its biggest weekly gain since April 2008, on strong Q2 earnings and a rotation into domestic large caps after a sell-off in global tech stocks. Tech Mahindra rose 18.22% to Rs 1,790, TCS gained 14.33% to Rs 2,465, and HCL Technologies advanced 13.42% to Rs 1,380. Analysts noted TCS's Q2 deal wins of $9.6 billion, excluding Porsche and Best Buy, and annualised AI revenue of $3.1 billion, over 10% of revenue. The article notes IT spending is shifting toward AI while traditional maintenance services face pricing pressure, and questions about AI-related debt have emerged as global rates rise and US Treasury yields stay above 5%. SBI Securities said Nifty IT has gained around 15.5% from its September 29 low of 28,232, with the 32,000–32,200 zone as immediate resistance.
- Tech stocks stumbled. Now comes a crucial week for Wall Street.
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Latest news
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- Is Nvidia Stock Really Trading for Just 8 Times 2030 Earnings?
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