More drops for AI and tech stocks overshadow gains for most of Wall Street

NEW YORK (AP) — A morning rally for U.S. stocks petered out on Monday as the tech and AI industries remained shaky following their sell-off last week. The S&P 500 sank 0.5% after erasing a gain that had reached 1.1% early in the day. The Dow Jones Industrial Average rose 213 points, or 0.4%, while the Nasdaq composite fell 1.1%. The mixed performance for indexes came even though the majority of…

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