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The worst day for Nvidia’s stock since last spring drags Wall Street lower

NEW YORK (AP) — The worst day for Nvidia’s stock since last spring dragged the U.S. market lower on Thursday, even though most stocks on Wall Street rose. The S&P 500 slipped 0.5% following sharp swings earlier in the week driven by hopes and worries created by the artificial-intelligence revolution. The Dow Jones Industrial Average added 17 points, or less than 0.1%, and the Nasdaq composite sank 1.2%. Nvidia, whose chips are helping to power the AI boom, reported another stellar quarter of profit growth that breezed past analysts’ expectations. It also gave a forecast for ...

Nvidia and other technology stocks lead Wall Street higher

NEW YORK (AP) — U.S. stocks rose Wednesday and erased their losses for the week so far, as Nvidia and other technology companies led the way. The S&P 500 added 0.8% for a second straight gain following Monday’s swoon, when stocks dropped as investors tried to separate potential losers from winners in the artificial-intelligence boom. The Dow Jones Industrial Average rose 307 points, or 0.6%, and the Nasdaq composite climbed 1.3%. Nvidia was one of the strongest forces lifting the market and rose 1.4% ahead of its highly anticipated profit report, which arrived after trading ...

U.S. stocks rise after getting a reminder of AI’s potential upsides

NEW YORK (AP) — U.S. stocks rose Tuesday after getting a reminder that the artificial-intelligence boom may also have an upside. The S&P 500 climbed 0.8% and recovered nearly three-quarters of its sharp drop from the day before. The Dow Jones Industrial Average added 370 points, or 0.8%, and the Nasdaq composite gained 1%. Advanced Micro Devices helped lead the market and rallied 8.8% after announcing a multiyear deal where it will supply chips to Meta Platforms to help power its AI ambitions. Under the agreement, Meta also got the right to buy up to 160 million shares of AMD stock ...

U.S. stocks drop after President Trump ramps up his tariffs and investors dump potential AI losers

NEW YORK (AP) — U.S. stocks slumped Monday after President Donald Trump ramped up his newest tariffs, while investors continued to punish companies that could be losers in the artificial-intelligence revolution. The S&P 500 fell 1% after Trump said on Saturday that he would place temporary 15% tariffs on other countries. That’s up from the 10% rate he announced Friday following a Supreme Court ruling that struck down his sweeping “reciprocal” taxes on imports from around the world. The Dow Jones Industrial Average dropped 821 points, or 1.7%, and the Nasdaq composite sank ...

U.S. stocks slip as AI fears keep rumbling and oil prices climb

NEW YORK (AP) — U.S. stocks fell Thursday, while oil prices rose with worries about a potential conflict between the United States and Iran. The S&P 500 slipped 0.3% for its first loss in four days. The Dow Jones Industrial Average dropped 267 points, or 0.5%, and the Nasdaq composite ...

Nvidia leads the stock market higher

NEW YORK (AP) — The U.S. stock market ticked higher on Wednesday, led by its most influential stock, Nvidia. The S&P 500 rose 0.6% and pulled a bit closer to its all-time high set late last month. The Dow Jones Industrial Average added 129 points, or 0.3%, and the Nasdaq composite gained ...