The New York Stock Exchange rose with the drop in oil prices, despite the limited optimism in the shares of companies focused on artificial intelligence (IA).
© Reuters
02/11/2026
by
Lusa
A wall Street stock market was negotiating to rise driven by the decline in oil price, despite the little optimism over the shares of companies focused on artificial intelligence (IA).
By 14:52 (Lisbon time) the industrialist Dow Jones advanced 1.05% to 52,314.72 points, while the aggregate S&P 500 earned 0.45% to 7.614.10 points.
The Nasdaq technology rose 0.77% to 25,633.95 points.
Brent's oil price fell after Iran had ensured that if the United States accepted its conditions, it could start a plan to reopen the Ormuz strait in two days and begin deeper negotiations on the end of the war.
In addition, Axios reported that the President of the United States, Donald Trump, wants to give more time to diplomacy with Iran before considering resuming the attacks.
This morning, the price of the reference generic Brent barrel contract in Europe, yielded 7.67% to $108.62 and the reference West Texas Intermediate barrel (WTI) in the US, dropped 4.33% to $99.61.
With regard to AI, the actions of the sector remain volatile, with growing concerns that the hundreds of billions of dollars that large technology companies are investing in AI data centers will not generate enough productivity and profit to justify investments.