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Market Update: ALB, ROK, TJX, APTV, DD, BABA

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Summary

Stocks rose on Monday morning, led by gains in the Technology and Communication Services sectors. Microsoft shares rose on news that Sam Altman, the former head of OpenAI, would join the company and lead a new advanced AI research team. On Tuesday, investors will weigh earnings from chipmaker Nvidia as well as the Fed’s latest meeting minutes. The Dow rose 0.3%, the S&P 0.5%, and the Nasdaq 0.8%. Crude oil rose $2 to $78 per barrel while gold traded near $1976 per ounce.

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