Money
Business SummaryBrief at 9:48 a.m. EDT
xCruzo Brief
U.S. stock indexes rose Monday as easing oil prices helped reduce Wall Street’s worries that inflation could worsen further. The S&P 500 added 0.6%, the Dow Jones Industrial Average climbed 624 points, and the Nasdaq composite gained 0.6%. Chipmakers and other artificial-intelligence beneficiaries were nonetheless still slipping, reflecting mixed demand within tech. Brent crude fell nearly 5% after President Donald Trump said over the weekend that he would hold off on ordering new strikes against Iran. That move also pulled Treasury yields lower, boosting airline and other fuel-heavy stocks.
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