NEW YORK (AP) — The U.S. stock market is drifting Thursday following a rebound for oil prices and mixed reports on the U.S. economy.
The S&P 500 fell 0.3% and is on track for a fourth drop in five days after setting its all-time high. The Dow Jones Industrial Average was up 37 points, or 0.1%, as of 10:30 a.m. Eastern time, and the Nasdaq composite was 0.6% lower.
A halt in the torrid run for stocks benefiting from the artificial-intelligence boom has slowed the U.S. market recently. Not even another better-than-expected profit report from Nvidia was enough to kick it back into gear.
