Dow Jones Today: Why Wall Street Rose After the Bell Despite Oil Shock
The Dow Jones Industrial Average rose 100.46 points, or 0.20%, to 49,709.62 on Monday, with the S&P 500 and Nasdaq also closing higher. Semiconductor and AI-related chip stocks led gains, offsetting concerns over rising oil prices and stalled U.S.-Iran talks. Investors await the consumer price index for signs of broader inflation. Some airline shares fell as higher crude prices weighed on the sector.