Stocks snap losing streak as chipmakers rally; S&P 500 ends at 7,676.77
Monday's gains were led by semiconductors after Anthropic's IPO filing, while easing oil prices took some pressure off the inflation trade.
The short answer
- Dow +146.42 points (0.28%) to 52,361.58; S&P 500 +0.7% to 7,676.77; Nasdaq +0.82% to 26,169.38.
- Nvidia rose 2.4%, Micron 3%, Broadcom 2.3% and AMD 2.8%.
- The S&P 500 and Nasdaq had posted two straight weekly losses.
US stocks closed higher on Monday, October 26. The Dow Jones Industrial Average added 146.42 points, or 0.28%, to 52,361.58, the S&P 500 gained 0.7% to 7,676.77, and the Nasdaq Composite rose 0.82% to 26,169.38, according to CNBC's market close report.
Yahoo Finance noted that the gains came after the S&P 500 and Nasdaq Composite posted their second straight week of losses.
Chips lead
Semiconductors rallied after Anthropic's public IPO filing. The iShares Semiconductor ETF rose nearly 3%; Nvidia climbed 2.4%, Micron 3%, Broadcom 2.3% and Advanced Micro Devices 2.8%, CNBC reported.
Meta Platforms said on Monday it plans to raise $95 billion to support its AI investments, and its shares fell in morning trading after the announcement, according to CNBC.
Rates and commodities
The 10-year Treasury yield was around 5% and gold rose to about $4,026 an ounce at the US close, The Motley Fool reported, as oil prices eased from last week's highs.
Investors now turn to the Federal Reserve's decision on Wednesday and a heavy week of Big Tech earnings.
Sources
- Stocks close higher as excitement over Anthropic IPO filing propels tech sector — CNBC
- Stock market today: Dow, S&P 500, Nasdaq gain — Yahoo Finance
- Stock Market Today, Oct. 26 — The Motley Fool
Spotted an error? Tell our corrections desk.
How this article was produced
- Responsible desk:
- Markets
- Published:
- 27 Oct 2026, 08:08 UTC
- Last updated:
- 27 Oct 2026, 08:08 UTC
- Verification:
- Figures and quotations checked against primary sources under our fact-checking policy and editorial standards.
- Independence:
- No advertiser or affiliate partner had any involvement in this article — see editorial independence and how we make money.
- Corrections:
- Report a factual error.
This article is general financial information and journalism, not personalised financial, investment, tax or legal advice.