Mumbai, June 29 -- The U.S. stock market meandered to a mixed finish Thursday after several artificial-intelligence stocks veered back up their roller-coaster ride while Apple dropped after hiking prices on many of its products.

The S&P 500 finished nearly unchanged with a dip of less than 0.1% after swinging between gains and losses throughout the day. The Dow Jones Industrial Average added 71 points 0.1% and the Nasdaq composite fell 0.5%.

A report mentioned a measure of inflation hitting U.S. consumers accelerated to 4.1% last month from 3.8% in April but the hope is that inflation is set to ease because of a drop-off in oil prices.

The price for a barrel of Brent crude oil, the international standard, rose 2.2% to $75.50 Thursday b...