U.S. stocks close》AI buying orders return! 3 major indexes closed in the red, TSMC ADR rose 1.84%

AI-related stocks attracted bargain hunting after suffering a violent sell-off last week. U.S. stocks rebounded on Monday, with the three major indexes closing in the red and the Dow Jones closing slightly in the black. (Bloomberg)

[Instant News/Comprehensive Report] AI-related stocks attracted bargain hunting after suffering a violent sell-off last week. U.S. stocks rebounded on Monday, with the three major indexes closing in the red and the Dow Jones closing slightly in the black. Taiwan stock ADRs were mixed. TSMC ADR rose 1.84%

After experiencing a wave of fierce selling pressure last week, technology stocks ushered in low buying. Chip stocks led the rebound, driving the Nasdaq index to rise by more than 1%. The S&P 500 index closed higher simultaneously. Investors turned their attention to this week's earnings reports of heavyweight companies such as Meta and Tesla, hoping that strong profits can support the investment prospects of artificial intelligence (AI).

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In the energy market, attacks on ships in the Persian Gulf have increased, and Russia and Ukraine have continued to attack each other's energy facilities. The market is worried that supply disruptions may extend into 2027. The expiring November West Texas crude oil futures rose 2.22% to close at US$103.66 per barrel; December Brent crude oil futures fell 0.28% to close at US$109.55 per barrel. Oil prices remain high, which also puts pressure on U.S. debt.

The Dow Jones Industrial Average fell 36.38 points, or 0.07%, to close at 51,966.03 points.

The S&P 500 index rose 31.29 points, or 0.41%, to close at 7,690.73 points.

The Nasdaq index, which is dominated by technology stocks, rose 290.85 points, or 1.11%, to close at 26,430.89 points.

The Philadelphia Semiconductor Index rose 179.06 points, or 1.61%, to close at 11,316.34 points.

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