Dow, S&P 500 and Nasdaq rise as investors weigh Anthropic IPO filing and tech earnings

U.S. stocks moved higher on Monday as investors digested Anthropic’s public IPO filing and prepared for a packed week that includes major tech earnings and a Federal Reserve policy meeting. The Dow Jones Industrial Average rose 0.3%, the S&P 500 gained 0.9%, and the Nasdaq Composite climbed 1.2%.

Stocks advanced as investors focused on AI and the Fed

The market’s gains came after the S&P 500 and Nasdaq had each posted two straight weekly losses. Monday’s rebound was led in part by technology-related shares, with investors watching how the latest AI developments could affect the broader sector.

According to the report, the Federal Reserve is expected to keep rates unchanged at its meeting this week. Some market watchers are also preparing for what was described as a possible “hawkish pause” after inflation data came in hotter than expected.

Anthropic’s filing lifted chip makers

AI company Anthropic drew heavy attention after filing its public S-1 prospectus with the Securities and Exchange Commission. The filing was closely watched by traders because of its potential signal for the AI business and the companies tied to it.

Chip stocks including Nvidia, Broadcom and Micron rose after the filing. The company disclosed more than $16 billion in revenue in the first half of the year and listed multiple risk factors in the document, according to the report.

• Dow Jones Industrial Average: up 0.3%
• S&P 500: up 0.9%
• Nasdaq Composite: up 1.2%
• Anthropic filing: public S-1 submitted Monday
• Revenue disclosed: over $16 billion in the first half of the year

Tech earnings and oil prices add to the market backdrop

Investors are also bracing for earnings from Alphabet and Microsoft on Wednesday. The source said traders are weighing the scale of AI spending and the size of company backlogs as those results approach.

That earnings calendar adds another layer to a week already filled with central bank meetings. In addition to the Federal Reserve, the European Central Bank, the Bank of Canada and the Bank of Japan are also set to meet.

Oil eased after a sharp run-up

Energy markets moved lower on Monday. Brent crude fell to around $110 a barrel after earlier reaching its highest level since April, a move tied in the report to rising tensions in the Middle East.

For ordinary investors, the combination of tech earnings, central bank decisions and oil prices could shape how markets trade through the rest of the week. The source suggests that traders are trying to balance excitement around AI growth with caution about interest rates, inflation and global risks.

Source: Grace O'Donnell