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AAP
AAP
Business
STAN CHOE (AP Business Writer)

Most US stocks rise as oil prices ease, but slumping AI stars weigh on Wall Street

NEW YORK (AP) — Stocks that have been artificial-intelligence winners are giving back some of their big recent runs on Thursday, leaving the U.S. market mixed as oil prices ease.

The S&P 500 slipped 0.1% a day after dropping from its all-time high and coming just short of its longest winning streak in three decades. The Dow Jones Industrial Average was up 720 points, or 1.4%, as of 10:15 a.m. Eastern time, and the Nasdaq composite was 0.7% lower.

Most stocks on Wall Street rose, aided by a 2.9% drop for the price of Brent crude oil, the international standard, to $94.96 per barrel. That gave back a chunk of its climb this week caused by the latest flare-ups of fighting between Iran and the United States and its allies.

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