US stocks flat as AI fears offset fuel-price relief
India, June 28 -- Most of the U.S. stock market rose Friday after oil prices eased back to where they were before the war with Iran, but drops for stocks swept up in the mania around artificial-intelligence technology kept the market in check.
The S&P 500 finished nearly flat and slipped less than 0.1% to close out just its second losing week in the last 13. The Dow Jones Industrial Average dipped 44 points, or 0.1%, and the Nasdaq composite fell 0.2%.
Stocks got a boost as the price of Brent crude oil, the international standard, dropped 3.8% to $72.60. That's lower than it was the day before the United States and Israel attacked Iran, which eventually led to the closure of the Strait of Hormuz and the curtailment of oil shipments worl...
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