NEW YORK (AP) — Artificial intelligence winners are giving back some of their big recent runs, leaving the U.S. market mixed as oil prices ease. The S&P 500 fell 0.3% Thursday, a day after dropping from its all-time high. The Dow Jones Industrial Average rose 522 points, and the Nasdaq composite fell 1%. Most stocks on Wall Street climbed, aided by drops of roughly 3% for oil prices. Treasury yields also eased, helping to support the market. But AI winners like Broadcom slumped even though it reported stronger profit than analysts expected. Analysts have been suggesting a slowdown may be ahead for AI superstars following their surges early this year.
THIS IS A BREAKING NEWS UPDATE. AP's earlier story follows below.
Oil prices fell and U.S. markets were mixed in early trading Thursday, a day after declines on Wall Street snapped a nine-day winning streak for the S&P 500.
