Stock Market Today, March 16: Nasdaq Gains 1% Stocks on Easing Oil Prices and AI Optimism

S&P 500 rose 1.01% to 6,699.38, Nasdaq gained 1.22% to 22,374.18 and the Dow added 0.83% to 46,946.41 in a broad relief rally as oil prices eased. The moves indicate a modest risk-on shift driven by lower energy prices, lifting major indices roughly 0.8%–1.2% intraday.

Analysis

S&P 500 rose 1.01% to 6,699.38, Nasdaq gained 1.22% to 22,374.18 and the Dow added 0.83% to 46,946.41 in a broad relief rally as oil prices eased. The moves indicate a modest risk-on shift driven by lower energy prices, lifting major indices roughly 0.8%–1.2% intraday.