Oct 19 (Reuters) – The S&P 500 and Nasdaq opened higher on Monday as AI-related stocks rebounded from last week’s sharp selloff, while a decline in oil prices provided additional support ahead of key earnings reports this week.
The Dow Jones Industrial Average fell 23.8 points, or 0.05%, to 51,978.58 at the open. The S&P 500 rose 43.3 points, or 0.57%, to 7,702.77, while the Nasdaq Composite rose 255.3 points, or 0.98%, to 26,395.287.
(Reporting by Ragini Mathur in Bengaluru; Editing by Shilpi Majumdar)
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