{"slug": "dow-jumps-900-points-as-oil-prices-ease-but-slumping-ai-stocks-keep-wall-street", "title": "Dow jumps 900 points as oil prices ease, but slumping AI stocks keep Wall Street in check", "summary": "The Dow Jones Industrial Average surged 925 points Thursday as oil prices eased on hopes of resumed crude flow through the Strait of Hormuz, though the S&P 500 gained only 0.3 percent and the Nasdaq fell 0.2 percent as slumping AI stocks limited broader market gains. Three out of every four stocks in the S&P 500 rose after Brent crude dropped 2.8 percent to $95.10 per barrel, recovering from spikes tied to Iran-U.S. tensions. The mixed session followed the S&P 500's retreat from its all-time high, ending just short of its longest winning streak in three decades.", "body_md": "NEW YORK — Most U.S. stocks are rising Thursday as oil prices ease, but slumps for influential artificial-intelligence winners are keeping Wall Street in check. The S&P 500 added 0.3 percent a day after dropping from its all-time high and coming just short of its longest winning streak in three decades. The Dow Jones Industrial Average was up 925 points, or 1.8 percent, as of 12:34 p.m. Eastern time, and the Nasdaq composite was 0.2 percent lower. A clear majority of stocks on Wall Street climbed, including 3 out of every 4 in the S&P 500. They got a boost from a 2.8 percent drop for the price of Brent crude oil to $95.10 per barrel. That gave back a chunk of its rise this week caused by the latest flare-ups of fighting between Iran and the United States and its allies. The expectation on Wall Street seems to be that the United States and Iran will ultimately agree to reopen the Strait of Hormuz to oil tankers. That would hopefully improve the flow of crude, lower oil's price and remove some of the upward pressure on inflation that's hurting the world. Such hopes, along with strong pr", "url": "https://wpnews.pro/news/dow-jumps-900-points-as-oil-prices-ease-but-slumping-ai-stocks-keep-wall-street", "canonical_source": "https://www.koreatimes.co.kr/world/20260605/dow-jumps-900-points-as-oil-prices-ease-but-slumping-ai-stocks-keep-wall-street-in-check?utm_source=rss", "published_at": "2026-06-04 16:57:02+00:00", "updated_at": "2026-06-04 17:01:00.173572+00:00", "lang": "en", "topics": ["artificial-intelligence"], "entities": ["Dow Jones Industrial Average", "S&P 500", "Nasdaq", "Brent crude oil", "United States", "Iran"], "alternates": {"html": "https://wpnews.pro/news/dow-jumps-900-points-as-oil-prices-ease-but-slumping-ai-stocks-keep-wall-street", "markdown": "https://wpnews.pro/news/dow-jumps-900-points-as-oil-prices-ease-but-slumping-ai-stocks-keep-wall-street.md", "text": "https://wpnews.pro/news/dow-jumps-900-points-as-oil-prices-ease-but-slumping-ai-stocks-keep-wall-street.txt", "jsonld": "https://wpnews.pro/news/dow-jumps-900-points-as-oil-prices-ease-but-slumping-ai-stocks-keep-wall-street.jsonld"}}