The Dow climbed 1.3%, or around 600 points, regaining its 50-day moving average and revisiting the 46,000 level. The S&P 500 recouped 1.6%. The Nasdaq composite remained the biggest gainer of the major indexes and advanced 2.2%.

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Former Intel CEO Pat Gelsinger said “of course” the market is in an AI-fueled bubble, adding that he hopes the investment frenzy will help spur more domestic energy production. “We’re power limited,” Gelsinger told CNBC on Monday morning,

The stock market’s fear gauge finally woke up on Friday, but it’s already dozing off again. The CBOE Volatility Index, or VIX, was down 2.3 points to 19.41 during Monday’s session after closing above 20 on Friday for the first time since Aug.

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Silver prices also increase, nearing longtime record

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