Wall Street bounced back on Monday. The Dow Jones Industrial Average leaped 1.2%, while the S&P 500 and the tech-heavy Nasdaq Composite each advanced 0.8% as equity desks rotated back into artificial intelligence and enterprise software holdings following last week's sharp pullback.
Crude oil cracked wide open, removing immediate margin pressure across the broader market. Brent crude tumbled $4.09, or 4.2%, to $94.23 a barrel by 1317 GMT, extending a brutal slide after plunging 16% last week to a two-month floor of $93.22. West Texas Intermediate dropped $3.57, or 3.9%, to trade at $87.26 a barrel. The sell-off accelerated after US President Donald Trump downplayed the prospect of immediate military strikes against Iran, signaling on Sunday that fresh strikes were highly unlikely while diplomatic negotiations continue—even as skirmishes and commercial shipping attacks persisted in and around the strategic Strait of Hormuz.
The bid returned to Silicon Valley. Technology names stabilized after last week's turbulence, where chip bellwether Nvidia shed roughly 6% following scrutiny and reports surrounding chief executive Jensen Huang. That sudden drawdown had rattled semiconductor valuations across global desks. Yet institutional accounts stepped in at the opening bell on Monday, treating the broader sector pullback as an entry point.
| Index / Commodity | Price / Level | Day Change (%) | Prior Context |
| :--- | :--- | :--- | :--- |
|---|---|---|---|
| Dow Jones Industrial Average | Session Open | +1.2% | Snapped weekly losing streak |
| S&P 500 | Session Open | +0.8% | Rebounded from Thursday sell-off |
| Nasdaq Composite | Session Open | +0.8% | Stabilized after tech volatility |
| Brent Crude Futures | $94.23 / bbl | -4.2% | Plunged 16% in prior week |
| WTI Crude Futures | $87.26 / bbl | -3.9% |
Corporate earnings will dictate whether the morning bid holds up. With the bulk of third-quarter filings already logged, trading desks are turning their sights to mid-tier growth reports scheduled for Monday, including Hims & Hers, Rocket Lab, and Monday.com. Later this week, the spotlight swings back to the infrastructure powering enterprise computing, with CoreWeave, Cisco, and Applied Materials reporting numbers that will prove whether capital expenditure on artificial intelligence hardware matches current equity valuations.
But the decisive macro pivot arrives tomorrow. Bond traders and equity desks are holding liquidity tight ahead of Tuesday's Consumer Price Index print, followed by the Producer Price Index reading on Friday. Both inflation gauges will directly reshape interest rate projections and dictate how the Federal Reserve calibrates monetary policy through the remainder of the quarter.
| Touched multi-week lows |