Financial Markets Wall Street

The roller-coaster ride for AI stocks snapped back down and dragged Wall Street lower. The S&P 500 fell 0.4% Tuesday, even though the majority of stocks within the index rose. The drops for stocks in the artificial-intelligence industry dragged the Nasdaq composite down 1.2%, while the Dow Jones Industrial Average dipped 0.2%. The weakness began in Asia, where Samsung Electronics tumbled 6.9% in Seoul despite offering what analysts called a strong forecast for upcoming results. AI stocks worldwide have been swinging because of worries their prices shot too high. Stocks also felt pressure from rising oil prices.

Stocks are rising on Wall Street and oil prices are slipping in the wait to see what will come next after President Donald Trump raised doubts about the temporary truce in the war with Iran. The S&P 500 rose 0.8% Thursday. The Dow Jones Industrial Average added 180 points, and the Nasdaq composite rose 1.2%. The price of Brent crude gave back some of its jump from the day before on worries about increased fighting in the Middle East. Treasury yields fell after sharp rises had earlier rattled markets worldwide. Stock indexes rose across much of the world.