NEW YORK (AP) — The U.S. stock market is climbing as artificial-intelligence stocks regain more of their sudden and sharp losses from last week, while oil prices ease. The S&P 500 rose 0.6% early Tuesday and pulled back within 2.1% of its all-time high set a week ago. The Dow Jones Industrial Average added 344 points, and the Nasdaq composite rose 0.7% Companies selling computer chips, memory and other building blocks of the AI boom again helped lead the market. Micron Technology rose a day after jumping 9.9% and two days after plunging 13.3%. The price of Brent crude oil dipped 1.6%.
THIS IS A BREAKING NEWS UPDATE. AP's earlier story follows below.
World shares were mostly higher on Tuesday, with tech shares leading gains after Wall Street recovered some of its sell-off from last week.