NEW YORK (AP) — The U.S. stock market is climbing Tuesday 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% and pulled back within 2% of its all-time high set a week ago. The Dow Jones Industrial Average was up 291 points, or 0.6%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.8% higher.
Companies selling computer chips, memory and other building blocks of the AI boom again helped lead the market.
