Most of Wall Street rises, but sinking AI stocks keep it on track for a losing week

Most of Wall Street rose on Friday, but a slide in AI stocks kept the market on course for a losing week as investors weighed shifting oil and earnings expectations. The S&P 500 gained 0.5% after recovering from an early 0.9% decline, while the Dow added 194 points, or 0.4%, and the Nasdaq Composite rose 0.5% by 11:45 a.m. Eastern. Brent crude fell 4.5% to $72.13, helping companies with higher fuel costs, including United Airlines, which rose 2.1%. In health care, stocks climbed after a European Medicines Agency committee recommended several medicines for approval and extended about a dozen therapeutic indications, including one tied to Eli Lilly, whose shares jumped 6.8%. Yet AI declines remained influential: Micron fell 3.3%, and broader worries centered on whether profits can keep pace with AI stock rallies, after Apple reportedly raised prices on memory-driven products.