Mumbai, April 29 -- Sinking AI stocks and another climb in oil prices because of the Iran war helped pull Wall Street off its record heights on TuesdayThe S&P 500 fell 0.5% from its latest all-time high. The Dow Jones Industrial Average dropped 25 points (0.1%) while the Nasdaq composite fell 0.9% from its own record.

The price for a barrel of Brent crude oil to be delivered in June climbed 2.8% to settle at $111.26. Brent to be delivered in July, which is where more of the trading is happening in the oil market, rose 2.7% to $104.40.

OpenAI shares weakened after a Wall Street Journal report revealed leaders' concerns over supporting massive data center spending amid missed user and revenue targets. Any pullback could fuel criticism tha...