From New York Post · · 50s
Dow surges 1,000 points after historic tech rout
Dow jumps 1,078 points as Nvidia slumps amid CEO controversy.
In brief
Dow jumps 1,078 points as Nvidia slumps amid CEO controversy. Dow surged 1,078 points to 52,364 after last week's tech rout, while Nvidia fell 6% due to CEO Jensen Huang's controversy. Originally reported by New York Post.
Stocks rally
Stocks rallied Monday as oil prices dropped and the S&P 500 bounced off its biggest weekly drop since April 2025.
Dow surges
The Dow jumped 1,078 points, or 2.1%, to 52,364 in afternoon trading.
Nvidia slumps
Nvidia fell 6% to its lowest intraday level since March 31 due to questions about CEO Jensen Huang's future.
Market reaction
Analysts called last week's tech rout overdone, saying risks of extreme AI regulation under Democrats are unlikely to play out.
What it means
Dow surged 1,078 points to 52,364 after last week's tech rout, while Nvidia fell 6% due to CEO Jensen Huang's controversy.
