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Wall Street rebounds as AI stocks recover, oil prices ease

boursorama.com (French) — October 20, 2026 at 07:01 AM UTC

The Nasdaq and S&P 500 rebounded Monday on Wall Street, driven by a recovery in AI-related stocks after last week's selloff, with falling oil prices also supporting the trend ahead of key earnings reports. The Dow Jones slipped 0.07% to 51,966.03 points, while the S&P 500 gained 0.41% to 7,690.73 and the Nasdaq Composite rose 1.11% to 26,430.886. Semiconductor makers joined the rally, with Broadcom up 1.77% and Micron Technology jumping 2.96%. Friday had marked the indices' steepest weekly decline since late June, as concerns that higher interest rates could curb AI infrastructure investments weighed on tech firms, particularly data center operators, amid growing investor questions about financing massive AI spending.

With a significance score of 1.6, this news ranks in the top 35% of today's 32437 analyzed articles.

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Wall Street rebounds as AI stocks recover, oil prices ease | News Minimalist

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[1.4]

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[1.3]

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[1.2]

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[1.2]

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[1.1]

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[0.9]

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[0.8]

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