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US stocks open higher as AI trade steadies, oil falls

By Thomson Reuters Nov 2, 2026 | 8:36 AM

Nov 2 (Reuters) – Wall Street’s main indexes opened higher ​on Monday ‌with technology and AI-related stocks steadying after a dismal October, ‌while ​risk ⁠sentiment got a ⁠lift as crude oil prices dropped sharply amid growing ​hopes of a US-Iran peace ⁠deal.

The Dow ⁠Jones Industrial ​Average rose 403.09 points, ​or 0.78%, at the ‌open to 52,173.40. The S&P 500 rose ⁠33.80 points, or 0.45%, at the open to ⁠7,613.87, ‌while the ⁠Nasdaq Composite rose ​159.07 points, ‌or 0.63%, to ​25,596.07 ⁠at the opening bell.

(Reporting by Shashwat Chauhan in Bengaluru; Editing by Maju ​Samuel)