Stocks in London closed higher on Monday as the oil price fell and US tech stocks rallied, although Nvidia fell as a scandal enveloped its chief executive Jensen Huang.

The FTSE 100 index closed up 108.93 points, 1.0%, at 10,782.87. The FTSE 250 ended 202.02 points higher, 0.8%, at 24,706.34, and the AIM all-share added 7.66 points, 1.0%, at 761.39.

In Europe, the CAC 40 in Paris rose 1.2%, while the DAX 40 in Frankfurt climbed 1.7%.

In the US, equity markets were higher. At about the time of the London equities close on Monday, the Dow Jones Industrial Average was up 1.8%, the S&P 500 was 2.0% higher and the Nasdaq Composite climbed 2.4%.

The gains came despite a 5.7% fall for chip maker Nvidia as investors weighed the potential fallout from an investigation into Mr Huang’s relationship with a woman suspected by US intelligence officials of spying for China.

The executive, Alice Huang, also known as Huang Le, has links to Megaspeed International, a Singapore-based customer of Nvidia that has faced…