Broadcom and other AI stocks lift Wall Street closer to its record
NEW YORK (AP) — Stocks in the artificial-intelligence industry led Wall Street higher on Tuesday, as their yo-yo moves swing back upward. The S&P 500 rose 0.6% and pulled within 1.2% of its all-time high set earlier this month. The Dow Jones Industrial Average added 15 points, or less than 0.1%, and the Nasdaq composite climbed 1.2%. The majority of stocks within the S&P 500 fell, but the gains for influential AI stocks made up for that. AI stocks rose to another winning day after swerving for weeks on worries about whether their boom is under threat because of how expensive it's ...
