US stocks climb amid shaky trading in markets worldwide

U.S. stocks climbed in New York on Monday as markets worldwide traded unevenly, with the S&P 500 rising 0.8 percent and the Nasdaq composite gaining 1.1 percent. Nvidia led the advance, while AI-related stocks swung amid concerns about borrowing costs and data-center spending. Brazilian stocks tumbled after Luiz Inácio Lula da Silva won reelection, while U.S. Treasury yields moved in mixed directions ahead of the Federal Reserve meeting.

Meta Platforms outlined plans to raise $35 billion by selling stock for AI investments and said it could raise another $60 billion through a new class of shares once they begin trading.

Nvidia, Advanced Micro Devices and Broadcom indicated they may buy a total of $5 billion of stock in Meta’s offering.

The Bovespa stock index fell 14.6 percent as investors worried Lula could increase government spending and put more pressure on Brazil’s debt.

The 10-year Treasury yield fell to 4.98 percent from 5.00 percent late Friday, while the two-year yield edged up to 4.71 percent from 4.69 percent.

Alphabet and Microsoft were scheduled to report quarterly results on Wednesday, followed by Amazon on Thursday. Roughly one-third of S&P 500 companies were due to report results that week.

Published Oct 27, 2026 12:36 am KST

Updated Oct 27, 2026 2:55 am KST

Trader Michael Capolino works on the floor of the New York Stock Exchange, Monday, Feb. 2. AP-Yonhap

NEW YORK — U.S. stocks are climbing Monday amid shaky trading for financial markets worldwide, as AI stocks keep swinging and Brazilian stocks tumble.

The S&P 500 rose 0.8 percent and more than recovered its losses from last week , pulling within 1.6 percent of its all-time high set earlier this month. The Dow Jones Industrial Average was up 154 points, or 0.3 percent, as of 1:15 p.m. Eastern time, and the Nasdaq composite was 1.1 percent higher.

The strongest lift for the market came from Nvidia, which rose 2.5 percent. That helped the chip company recover some of its drop from three straight losing weeks, its longest such streak since June, and maintain its position as the largest stock on Wall Street above Apple.

But stocks elsewhere in the artificial-intelligence industry remained unsettled. They’ve been swerving on worries about whether their industry’s boom is under threat because of how expensive it’s become for companies to borrow money to build data centers and buy more AI chips.

Meta helps lead the swings

Meta Platforms bounced up and down after outlining plans to raise $35 billion by selling stock to help pay for its AI investments. It also said it could raise another $60 billion by selling shares of a new class of its stock once it begins trading. Meta's stock initially dropped more than 2 percent, but it quickly flipped to a gain and then pulled back to a loss of 0.2 percent.

Meta said Nvidia, Advanced Micro Devices and Broadcom have already indicated they may buy a total of $5 billion of stock in its offering. That's a signal of strong interest from big chip companies that stand to benefit from additional AI investments. But it also gives fuel to critics of “circular financing” who say it raises the risk if AI isn't as successful as expected.

Worries remain about borrowing for AI

SpaceX, Elon Musk’s rocket company that also runs the xAI business, had similar swings. It opened with a loss and then flipped to a gain of 0.9 percent after it agreed to a roughly $40 billion deal with an entity managed by Apollo Global Management to lease AI computing power.

Musk warned over the weekend that hundreds of companies that rent out AI computing power are under threat because of the difficulty in borrowing money, saying on his social-media platform, X, that they could face “guppy-level death and consolidation.”

CoreWeave, a company that's borrowed money to buy AI computing power that it rents to customers, has been at the center of investors’ worries in recent weeks. On Monday, it dropped 5.5 percent quickly after trading began, only to flip to a gain of 5.1 percent. Such minute-to-minute swings have become commonplace for it in recent days.

It's a big week for profit reports

Profit reports from huge tech companies this upcoming week could offer more details about how spending on AI is going, and whether it’s producing the profits and productivity that proponents promised.

Alphabet and Microsoft will report their latest quarterly results on Wednesday, with Amazon to follow on Thursday.

Companies across all industries are under pressure to report strong growth in their profits. Expectations for big growth are what allowed their stock prices to run to records recently despite worries about high inflation, high interest rates and other concerns.

Verizon Communications fell 2.8 percent even though it reported a stronger profit for the summer than analysts expected, as its revenue fell short of forecasts.

Roughly one out of every three stocks in the S&P 500 is scheduled to report its latest quarterly results this week.

Brazilian stocks tumble following mixed moves in other markets

In stock markets abroad, Brazilian stocks fell sharply after President Luiz Inácio Lula da Silva won reelection in a result that surprised investors.

The worry among investors is that he could increase the government’s spending and put more pressure on its debt. The Bovespa stock index in Brazil dropped 14.6 percent.

Other governments around the world are also feeling pressure because of their high debt loads and worries about strained budgets. France has been at the center of the worries recently following violent protests in the country.

But yields on French government bonds eased Monday, and its CAC 40 stock index rose 0.8 percent for one of the world’s better moves. Indexes also rose in other European markets following a mixed finish in Asia.

The European Central Bank and the Bank of Japan will be meeting to vote on interest rates later this week.

Yields ease ahead of the Federal Reserve's meeting

In the U.S. bond market, yields fell for longer-term Treasurys. The yield on the 10-year Treasury fell to 4.98 percent from 5.00 percent late Friday and from more than 5.30 percent earlier this month.

The two-year Treasury yield edged up to 4.71 percent from 4.69 percent late Friday. It more closely tracks expectations for what the Federal Reserve will do with overnight interest rates, and the widespread expectation is that it will say on Wednesday that it is leaving the federal funds rate alone following its latest meeting.

The Fed last month hiked the fed funds rate for the first time in three years in hopes of slowing inflation, which has remained much higher than anyone would like.

The price for a barrel of Brent crude fell toward $109 in the morning, but it later erased the losses and returned to $111.40. It remains near the high end of its range since the war with Iran began. The highest price for the most actively traded contract in the market for Brent crude since then is nearly $120, reached in March.

周一，纽约股市上涨，全球市场走势分化，标普500指数上涨0.8%，纳斯达克综合指数上涨1.1%。英伟达领涨，而人工智能相关股票则因市场对借贷成本和数据中心支出的担忧而波动不定。巴西股市在路易斯·伊纳西奥·卢拉·达席尔瓦赢得连任后下跌，而美国国债收益率在美联储会议召开前走势不一。

Meta Platforms 概述了通过出售股票进行人工智能投资筹集 350 亿美元的计划，并表示一旦新一类股票开始交易，该公司还可以通过这些股票再筹集 600 亿美元。

英伟达、AMD和博通表示，他们可能会在Meta的股票发行中购买总计50亿美元的股票。

由于投资者担心卢拉可能会增加政府支出，给巴西债务带来更大压力，巴西圣保罗证券交易所（Bovespa）股票指数下跌了14.6%。

10 年期美国国债收益率从上周五晚些时候的 5.00% 降至 4.98%，而两年期国债收益率则从 4.69% 小幅升至 4.71%。

Alphabet和微软原定于周三公布季度业绩，亚马逊则定于周四公布。标普500指数成分股公司中约有三分之一将在那一周公布业绩。

发布于2026年10月27日凌晨12:36（韩国标准时间）

更新于2026年10月27日凌晨2:55（韩国标准时间）

交易员迈克尔·卡波利诺于2月2日星期一在纽约证券交易所交易大厅工作。（美联社-韩联社）

纽约——周一，在全球金融市场交易动荡之际，美国股市上涨，人工智能股票持续波动，巴西股市暴跌。

标普500指数上涨0.8%，不仅收复了上周的全部跌幅，而且距离本月初创下的历史高点仅差1.6%。截至美国东部时间下午1点15分，道琼斯工业平均指数上涨154点，涨幅0.3%；纳斯达克综合指数上涨1.1%。

市场主要受英伟达提振，其股价上涨2.5%。这帮助这家芯片公司收复了此前连续三周下跌的部分跌幅（这是自6月以来最长的连跌纪录），并使其继续保持华尔街市值第一的地位，超越苹果公司。

但人工智能行业其他领域的股票依然波动不定。由于企业借贷建设数据中心和购买更多人工智能芯片的成本日益高昂，人们担心该行业的蓬勃发展是否会受到威胁，这些股票的走势也因此受到波及。

Meta有助于引领摆动。

Meta Platforms宣布计划通过出售股票筹集350亿美元，用于支付其人工智能投资，消息公布后，该公司股价出现剧烈波动。该公司还表示，一旦新一类股票开始交易，即可通过出售新股筹集另外600亿美元。Meta的股价最初下跌超过2%，但随后迅速反弹，之后又回落至下跌0.2%。

Meta表示，英伟达、AMD和博通已经表示可能会在其IPO中认购总计50亿美元的股票。这表明大型芯片公司对人工智能领域的额外投资表现出浓厚的兴趣。但这同时也为“循环融资”的批评者提供了论据，他们认为，如果人工智能未能达到预期成功，这种融资方式会增加风险。

人们仍然担忧人工智能领域的借贷问题。

埃隆·马斯克的火箭公司SpaceX也运营着xAI业务，其股价波动与此类似。SpaceX开盘下跌，但在与阿波罗全球管理公司旗下的一家实体达成一项价值约400亿美元的协议，租赁人工智能计算能力后，股价转涨0.9%。

马斯克周末警告称，由于借贷困难，数百家出租人工智能计算能力的公司正面临威胁。他在社交媒体平台 X 上表示，这些公司可能面临“像小鱼苗一样的死亡和合并”。

CoreWeave是一家通过借贷购买人工智能计算能力并将其出租给客户的公司，近几周来一直是投资者担忧的焦点。周一，该公司股价开盘后迅速下跌5.5%，随后又反弹上涨5.1%。这种瞬息万变的股价波动在近几日已成为常​​态。

本周是盈利报告的重要一周

下周大型科技公司将公布盈利报告，届时可能会提供更多关于人工智能支出情况的细节，以及它是否产生了支持者承诺的利润和生产力。

Alphabet 和微软将于周三公布最新季度业绩，亚马逊将于周四公布业绩。

各行各业的公司都面临着利润强劲增长的压力。尽管存在高通胀、高利率和其他担忧，但对利润大幅增长的预期仍然推动了这些公司股价近期屡创新高。

尽管威瑞森通信公司公布的夏季利润高于分析师预期，但由于其收入低于预期，该公司股价仍下跌了2.8%。

标准普尔500指数中大约三分之一的股票计划在本周公布最新的季度业绩。

受其他市场涨跌互现的影响，巴西股市大幅下挫。

在海外股市，巴西总统路易斯·伊纳西奥·卢拉·达席尔瓦赢得连任，这一结果令投资者感到意外，巴西股市应声下跌。

投资者担心他可能会增加政府开支，从而加大政府债务压力。巴西博维斯帕指数下跌14.6%。

世界各国政府也因高额债务和预算紧张而面临压力。法国近期因国内暴力抗议活动而成为人们担忧的焦点。

但周一法国国债收益率有所回落，其CAC 40指数上涨0.8%，成为全球表现较好的股市之一。亚洲股市涨跌互现后，其他欧洲股市指数也普遍上涨。

欧洲中央银行和日本央行将于本周晚些时候召开会议，对利率进行投票表决。

美联储会议前收益率走低

美国债券市场长期国债收益率下跌。10年期国债收益率从上周五晚些时候的5.00%降至4.98%，而本月初该收益率曾超过5.30%。

两年期美国国债收益率从上周五晚间的4.69%小幅上升至4.71%。该收益率与市场对美联储隔夜利率政策的预期更为吻合，而市场普遍预期美联储将在周三的最新一次会议后宣布维持联邦基金利率不变。

美联储上个月三年来首次提高联邦基金利率，希望以此减缓通胀，因为通胀率一直远高于任何人的预期。

布伦特原油价格早盘一度跌至每桶109美元附近，但随后收复失地，回升至111.40美元。目前该价格仍接近伊朗战争爆发以来的区间高位。自战争爆发以来，布伦特原油市场交投最活跃的合约价格最高点接近每桶120美元，出现在3月份。