NEW YORK (AP) — Most of the U.S. stock market rose after oil prices eased back to where they were before the war with Iran, but drops for AI stocks kept the market in check.
The S&P 500 slipped less than 0.1% Friday, even though more stocks rose than fell within the index. The S&P 500 closed out just its second losing week in the last 13, largely because of drops for AI stocks.
The Dow Jones Industrial Average fell 0.1%, and the Nasdaq composite lost 0.2%.
Indexes tumbled in South Korea and Japan earlier in the day. Treasury yields eased along with the fall in oil prices.