AI Optimism and Easier Oil Push Markets Higher Ahead of Key Summit
Stocks rose at the start of the week after strong demand for Meta’s new AI assistant Muse and softer crude prices. Meta jumped more than 11% and chip names rallied, with AMD climbing to near 10% gains and reaching a $1 trillion market valuation. Oil eased below $100 a barrel after reports Iran offered to reopen the Strait of Hormuz if the US eases …