NEW YORK (AP) — The U.S. stock market is drifting in mixed trading on Wednesday as technology stocks keep swinging.
The S&P 500 was virtually flat after recovering from an early loss of 0.8%, and it may avoid its first back-to-back drop in three weeks. The Dow Jones Industrial Average was down 268 points, or 0.5%, as of 10:30 a.m. Eastern time, and the Nasdaq composite was 0.1% lower.
Wall Street has been shaky since last week, when stocks swept up in the artificial-intelligence boom went from roaring to records to suddenly turning lower. Among the worries is that their prices have simply shot too high, too fast because of AI mania.
