Dow rises 250 points as chip stocks rebound and Middle East fears ease

US stocks opened higher on Monday as semiconductor shares rebounded from last week’s steep selloff, while investors also found some relief in signs that tensions in the Middle East may be easing. The Dow Jones Industrial Average index opened 252 points higher. The S&P 500 rose about 0.94% while the Nasdaq Composite gained roughly 1.34%. The recovery followed a difficult end to last week, when the technology-heavy Nasdaq Composite plunged 4.2%, its largest one-day decline since April 2025, amid a broad retreat in artificial intelligence-related stocks. Chip stocks recover after sharp selloff Semiconductor companies led Monday’s rebound after a sector-wide rout erased roughly $1 trillion in market value for US-listed chipmakers on Friday. Shares of Nvidia and Broadcom rose between…