Stocks Rise on Falling Oil Prices, Renewed Optimism in AI Trade

US stocks have opened higher after a flat week last week, as Treasury yields retreat and crude oil prices fall to an 11-day low.

The decline in oil prices has eased inflation concerns and put downward pressure on Treasury yields.

Ai companies and tech stocks are rising, boosted by renewed optimism towards the AI trade.

Meanwhile, Paramount and Warner Bros. Discovery shares have jumped 7.5% and 7%, respectively, on reports that Paramount and California's attorney general discussed settlement details over a lawsuit blocking their merger.