NEW YORK (AP) — U.S. stocks are drifting after oil prices fell again and as Wall Street waits for the highly anticipated debut of SpaceX coming later in the day. The S&P 500 rose 0.2% early Friday. The Dow Jones Industrial Average added 292 points, and the Nasdaq composite slipped 0.1%. SpaceX's stock will begin trading later in the day, and it's the first of three gargantuan AI-related companies to start selling their shares on the U.S. market. It could show how hungry investors still are for AI stocks following vicious swings and big doubts for them over the last week. Brent crude fell 2.4%.
THIS IS A BREAKING NEWS UPDATE. AP's earlier story follows below.
Wall Street's rebound continued into early Friday and oil prices sank more than 3% after U.S. President Donald Trump claimed there was a breakthrough in talks to end the Iran war.
