A morning rally for U.S. stocks petered out as the tech and AI industries remained shaky following their sell-off last week. The S&P 500 fell 0.5% Monday after erasing a gain that reached 1.1% early in the day. The Dow Jones Industrial Average added 0.4%, while the Nasdaq composite fell 1.1%. The mixed performance for indexes came even though the majority of stocks within the S&P 500 climbed. They benefited from a 7.6% drop for the price of a barrel of Brent crude. Nvidia and Alphabet swung from early gains to losses and helped drag the S&P 500 with them.

SAN FRANCISCO (AP) — Anthropic's quarterly revenue swelled to $17 billion but it still posted a net loss for the latest three months, the arti…

The sell-off for tech stocks on Wall Street got even worse on worries that the frenzy around AI sent prices too high. The S&P 500 dropped 1.8% Friday for its worst day since June. The Nasdaq composite fell 2.9%, while the Dow Jones Industrial Average dropped 1.1%. Intel plunged to its biggest loss since 1974 after giving a profit forecast that fell below analysts’ expectations, while Amazon’s latest profit report raised more worries about how much companies are spending on their AI Investments. Treasury yields sank as investors searched for safer things to own, even though oil prices rose.