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US stocks open higher as AI trade steadies, oil falls

Reuters
US stocks open higher as AI trade steadies, oil falls

Nov 2 (Reuters) - ‌Wall Street's main indexes opened ​higher ‌on Monday with technology ‌and AI-related stocks steadying after a ‌dismal October, while risk sentiment got a lift as crude ⁠oil prices dropped ‌sharply amid growing ⁠hopes of a ​US-Iran peace deal.

The Dow Jones Industrial ​Average rose 403.09 ​points, ‌or 0.78%, at the ​open to ⁠52,173.40. The S&P ‌500 rose ​33.80 ​points, or 0.45%, at the open to 7,613.87, while the Nasdaq ‌Composite rose 159.07 points, or 0.63%, to ‌25,596.07 ​at the opening bell.

(Reporting by Shashwat Chauhan in Bengaluru; Editing ‌by Maju Samuel)