U.S. Economy
Technology

Closing Bell: Markets Rebound After Overnight Sell-Off to Kick Off the Week

PUBLISHED  | 2 min read
Kevin Green

Kevin Green

Sr. Markets Correspondent

Key Points

  • U.S. equities finished higher after erasing overnight losses, with the Russell 2000 leading gains at +1.02%,
  • Oracle announced a $45–$50 billion capital raise, combining debt and equity, to build additional cloud infrastructure capacity, though shares slipped following the news.
  • Selling in silver eased from Friday’s intensity but volume stayed elevated as de-risking continued.

Markets ended the day higher after recovering from overnight losses. The S&P 500 (SPX) finished up 0.54%, the Nasdaq-100 (NDX) advanced 0.73%, and the Russell 2000 (RUT) outperformed, closing up 1.02%. Consumer Staples, Industrials, and Financials led the gains, while Energy and Utilities lagged.

Oracle Commits to Raising $50 Billion for Data Centers

Oracle (ORCL) announced plans to raise between $45 billion and $50 billion to expand data center capacity in support of its cloud infrastructure customers. The capital raise will be a mix of debt and equity, including convertible preferred securities. The company also expects to issue senior unsecured debt in the coming months. Oracle shares closed lower on the session following the announcement.

Continued Selling Pressure in Silver

Although today’s selling pressure in silver was less aggressive than Friday’s, trading volume remained relatively elevated as traders and investors continued to de-risk. Strength in the U.S. dollar and rising long-duration yields have kept silver’s implied volatility at elevated levels.

Market Events for Tomorrow

  • 08:00 AM ET: FOMC Member Barkin Speaks
  • 09:40 AM ET: FOMC Member Bowman Speaks
  • Tentative: JOLTS Job Openings (Due to government shutdown)
  • 04:30 PM ET: API Weekly Statistical Bulletin

Notable Earnings for Tomorrow

  • A.M: ADM, ATI, BALL, CPRI, ETN, FUBO, GLXY, IT, GPK, HUBB, ITW, MPC, MRK, PYPL, PNR, PEP, PFE, TDG, WTW
  • P.M: AMD, DOX, AMGN, ATO, BV, CMG, CB, CRUS, CLX, EA, EMR, ENPH, HRB, J, LUMN, LITE, MTCH, MDLZ, PRU, SWKS, SU, SONO, SMCI, TTWO

Featured Clips

Monday's Final Takeaways: Bitcoin Below $80K & U.S., India Trade Deal

Market On Close

► Play video
This material is intended for informational purposes only and should not be considered a personalized recommendation or investment advice. Investors should review investment strategies for their own particular situations before making any decisions.
Schwab Network is brought to you by Charles Schwab Media Productions Company (“CSMPC”). CSMPC is a subsidiary of The Charles Schwab Corporation and is not a financial advisor, registered investment advisor, broker-dealer, or futures commission merchant.
Charles Schwab Media Productions Company and all third parties mentioned are separate and unaffiliated, and are not responsible for one another's policies, services or opinions.
Data contained herein is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed. All events and times listed are subject to change without notice.