Wall Street closed the first session of the week in positive territory, with energy stocks setting the tone as markets also digested the formal announcement of Anthropic’s planned stock market listing.

Looking at index performance, the Nasdaq rose 0.83% to 26,169.38 points, followed by the S&P 500, which gained 0.70% to 7,676.85 points, and the Dow Jones Industrial Average, which advanced 0.28% to 52,361.58 points.

“On the corporate front, notable developments include Meta Platforms’ share offering to fund investment in Artificial Intelligence. Tesla and Lockheed Martin received analyst upgrades. Verizon recorded a weak market reaction despite a surprise increase in subscribers and an upward revision to its outlook,” Millennium Investment Banking noted in its regular market commentary.

Semiconductor companies and other AI-linked stocks were among the session’s standout performers, following Anthropic’s submission of documentation to the US Securities and Exchange Commission for an Initial Public Offering. The company is expected to list on the Nasdaq under the ticker ANT.