More Swings For A.I. Stocks Drag Wall Street Back On Roller Coaster
NEW YORK (AP) — Another sudden reversal for high-flying artificial-intelligence stocks sent Wall Street reeling on Tuesday. The S&P 500 fell 0.3% after careening between an initial gain of 1% and a midday loss of 2.3%, pulling further from its all-time high set a week ago. After similar yo-yo moves, the Dow Jones Industrial Average added 86 points, or 0.2%, and the Nasdaq composite dropped 1%. Indexes swung lower after companies selling computer chips, memory and other building blocks of the AI boom broke from early gains to losses. Micron Technology went from a jump of 4% to a ...