Get all your news in one place.
100's of premium titles.
One app.
Start reading

Wall Street opens higher as AI stocks regain some more ground and oil prices ease

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.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.