The US market experienced a lift on Monday due to a rebound in AI stocks. This rebound had a positive impact on major indexes, with the S&P 500 rising 0.7% and the Nasdaq composite increasing 1.1%. The Dow Jones Industrial Average also saw a gain, rising 155 points to a record high.

The strength of companies in the artificial-intelligence technology industry drove this market movement. One notable example is Broadcom, which rose 3.7% after announcing agreements with Apple.

Further details on this market development are available from KPRC 2 Houston.