Stocks lead a rebound on Wall Street as European markets drop following protests

Wall Street stocks in the artificial-intelligence complex rebounded on Monday, but broader markets stayed jittery. The S&P 500 rose 0.4% and the Nasdaq gained 0.9%, partially clawing back losses from last week’s steep selloff. The Dow Jones Industrial Average was down 44 points, or 0.1%, around 10 a.m. Eastern. In Europe, indexes fell more than 1%, including a 1.5% drop in Paris, after violent weekend protests raised expectations that governments may boost spending—pressuring already-stressed bond markets. Rising yields hit European bonds even as oil prices slipped. AI names stood out after last week’s tumble on borrowing-cost worries. CoreWeave gained 0.6% after trimming an early surge of 7%, following a 25.2% plunge last week. Nvidia added 0.6%. SpaceX, tied to xAI, rose 1.6% to $148.38 after Elon Musk pledged a share to “every kid in America” next year. The article also notes upcoming earnings from Meta, Lam Research, and high profit expectations for the S&P 500.