U.S. stocks rise as global markets remain unsettled

U.S. stocks advanced Monday, with the S&P 500 recovering its prior-week losses, while markets were jolted by sharp swings in AI-related shares and a steep fall in Brazilian stocks. Investors also awaited major technology-company earnings and this week’s central-bank decisions.

• The S&P 500 rose 0.7% to 7,676.77, the Dow gained 0.3% to 52,361.58, and the Nasdaq climbed 0.8% to 26,169.38.· 1 source
• Nvidia gained 2.4%, while shares of Meta, SpaceX and CoreWeave moved between gains and losses during the day. The report linked investor uncertainty around AI companies to borrowing costs and questions about the returns on data-center and chip spending.· 1 source
• Brazil’s Bovespa index fell 13.7% after Luiz Inácio Lula da Silva won reelection; the report said investors were concerned about possible higher government spending and pressure on debt.· 1 source
• Alphabet and Microsoft were due to report quarterly results Wednesday, followed by Amazon Thursday. The Federal Reserve was widely expected to leave its rate unchanged Wednesday, while the European Central Bank and Bank of Japan were also scheduled to vote on rates later in the week.· 1 source