US stocks rise and trim their losses for June
NEW YORK (AP) — U.S. stocks rose Tuesday and trimmed their losses in what had been a rocky June. The S&P 500 gained 0.8%, though it still fell to its first losing month following two fabulous ones. The Dow Jones Industrial Average added 136 points, or 0.3%, to its record, and the Nasdaq composite climbed 1.5%. The main reason for the past month's weakness was a fall to Earth for stocks in the artificial-intelligence industry. After soaring to tremendous heights in the frenzy around AI, such stocks came under pressure because of worries that they shot too high. That's a big deal for ...