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Barchart
Rich Asplund

YOU WONT BELIEVE: Stocks close higher on m a and ai optimism | Mind Blowing Facts

Mỹ ES ISM Dow Nasdaq SP United States Stephen Miran Donald Trump Lisa Cook

The S&P 500 Index ($SPX) (SPY) on Monday rose +0.10%, the Dow Jones Industrials Index ($DOWI) (DIA) fell -0.52%, and the Nasdaq 100 Index ($IUXX) (QQQ) rose +0.37%.  December E-mini S&P futures (ESZ25) rose +0.09%, and December E-mini Nasdaq futures (NQZ25) rose +0.35%.

US stocks on Monday saw support from AI optimism after OpenAI bought $38 billion of AI computing power from Amazon.  In M&A deals, Kimberly-Clark announced a $40 billion acquisition of Tylenol-maker Kenvue for stock and cash.  Also, Eaton agreed to buy Boyd's thermal business for $9.5 billion, a data-center-related acquisition.

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