Wall Street rises as the Anthropic filing lifts chip stocks
The S&P 500 rose 0.7% to 7,676.77 and the Nasdaq 0.8%, led by chipmakers. Brent eased to about $115 on talks in Tehran but touched $117 during Monday.
Source published · In the Daily Brief of 27 October 2026
Filed under Markets
Nvidia, Broadcom, Micron and Intel gained after Anthropic’s prospectus showed revenue growing faster than costs, helping the AI trade recover after weeks of swings. The Dow added 0.3% to 52,361.58. Nearly a third of S&P 500 companies report this week.
Oil slipped as Saudi Arabia, Turkey and Pakistan held talks with Iranian officials in Tehran, but Houthi attacks on Saudi Arabia limited the decline. Brent futures were at $115.15 a barrel at 00:00 UTC on Tuesday, close to six-month highs, according to Reuters.