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AAP
AAP
Business
STAN CHOE (AP Business Writer)

The Dow jumps 900 points as oil prices ease, but slumping AI stocks keep Wall Street in check

NEW YORK (AP) — Most U.S. stocks are rising Thursday as oil prices ease, but slumps for influential artificial-intelligence winners are keeping Wall Street in check.

The S&P 500 added 0.3% 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 925 points, or 1.8%, as of 12:34 p.m. Eastern time, and the Nasdaq composite was 0.2% lower.

A clear majority of stocks on Wall Street climbed, including 3 out of every 4 in the S&P 500. They got a boost from a 2.8% drop for the price of Brent crude oil to $95.10 per barrel. That gave back a chunk of its rise this week caused by the latest flare-ups of fighting between Iran and the United States and its allies.

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