Wall Street rises as Anthropic IPO filing lifts AI stocks; Fed meeting in focus

US stocks closed higher on Monday, with all three major indexes rising, driven by semiconductor and AI-related shares after Anthropic filed for an initial public offering. Investors are now awaiting the Federal Reserve's policy meeting and major tech earnings this week. The Dow Jones Industrial Average gained 146.42 points, or 0.28%, to close at 52,361.58. The S&P 500 rose 0.70% to 7,676.77, and the Nasdaq Composite climbed 0.83% to 26,169.38. Nvidia advanced 2.4%, while Tesla jumped 5.2% after a Barclays upgrade. Meta Platforms fell 1.9% following its plan to raise up to $95 billion for AI infrastructure. The Fed is scheduled to meet on October 27-28, with markets pricing a 12.7% chance of a rate hike. Over a third of S&P 500 companies, including Alphabet, Microsoft, and Amazon, will report earnings this week, with investors focused on whether AI spending is translating into revenue growth.