US equities rebound on oil price declines, KI optimism

US equity markets opened strongly this week, supported by falling oil prices and optimism over potential diplomatic progress in the Middle East. The Dow Jones Industrial Average advanced 0.4% to 51,884 points, following a 1.7% drop in the prior week. The S&P 500 gained 0.9% to 4,720 points, while the Nasdaq 100 rose 1.9% to 30,219 points. Investor sentiment was further bolstered by expectations of a UN General Assembly meeting, where discussions could advance Middle East peace efforts that might ease crude supply concerns and inflationary pressures.