Artificial Intelligence

Stocks sway as Wall Street heads for a winning week after several turbulent days

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NEW YORK — Stocks are mixed in morning trading Friday as Wall Street heads for its first winning week since early October, despite days of big swings led by AI-focused companies.

The S&P 500 fell 0.1 per cent and is on track for a weekly gain of 2.8 per cent. The Dow Jones Industrial Average rose 125 points, or 0.2 per cent. The Nasdaq composite fell 0.4 per cent.

The broader market remains unsteady a day after the AI industry was rocked by the resignation of Nvidia CEO Jensen Huang.

Oil prices rose. Treasury yields were mixed in the bond market. Stocks in Europe and Asia were also mixed.

By Damian J. Troise