At the close: US stock markets climb Monday as Anthropic files for IPO

Closing changes for the main US equity indexes:

  • S&P 500 +0.7%
  • Nasdaq +0.8%
  • Russell 2000 +0.5%
  • DJIA +0.3%
  • Toronto TSX Comp +0.4%
  • Brazil Bovespa -13.5%

The rout in markets reversed to some extent on Monday as we count down to major earnings from Microsoft, Alphabet and Amazon this week, along with the FOMC decision. One catalyst was the filing from the Anthropic IPO, with the company expected to try to raise $100 billion at a +$1.5 trillion valuation with a target date of November 16.

This article was written by Adam Button at investinglive.com.

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