U.S. stocks are climbing Monday amid shaky trading for financial markets worldwide, as AI stocks keep swinging and Brazilian stocks tumble.

The S&P 500 rose 0.7% and more than recovered its losses from last week, pulling within 1.8% of its all-time high set earlier this month. The Dow Jones Industrial Average was up 110 points, or 0.2%, with a little less than an hour remaining in trading, and the Nasdaq composite was 0.9% higher.

The strongest lift for the market came from Nvidia, which rose 2.5%. That helped the chip company recover some of its drop from three straight losing weeks, its longest such streak since June.

But stocks elsewhere in the artificial-intelligence industry remained unsettled. They’ve been swerving on worries…