NEW YORK (AP) — The U.S. stock market is slipping Thursday after oil prices rebounded and cranked up the pressure from the bond market.
The S&P 500 fell 0.4% and is on track for a fourth drop in five days after setting its all-time high. The Dow Jones Industrial Average was down 253 points, or 0.5%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.4% 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 blowout profit report from Nvidia was enough to get it going.
