Markets live: ASX headed for cautious start, Wall Street jumps as Google and AI-related stocks rebound
Wall Street’s tech and AI stocks rebounded from last week’s sell-off, driving the S&P 500 and Nasdaq Composite up by 1.2% and 2.1% respectively. The Dow Jones Industrial Average rose 0.6% to a new record high of 52,183 points. This was after Google’s parent company Alphabet was added to the Dow for the first time, which sent its shares 5% higher. Essentially, the tech giant will…