Most of U.S. Stock Market Rises as Oil Prices Ease but AI Stocks Drag Down Weekly Performance
The majority of the U.S. stock market rose on June 26 after oil prices eased, with health care stocks and American Airlines Group performing well due to lower fuel costs. However, declines in artificial intelligence (AI) stocks limited broader gains, leading to a modest weekly loss for major indices like the S&P 500.
Topics: AI stocks European Medicines Agency oil prices stock market