Oil costs' fall buoys Wall Street dragged by AI losses | Arkansas Democrat Gazette

Wall Street was steadied Friday as oil prices eased, but the broader rally was muted by continued losses in artificial intelligence-related stocks. Most U.S. equities finished higher: the S&P 500 closed nearly flat, down less than 0.1% and just posted its second losing week in 13. The Dow Jones Industrial Average fell 44 points, or 0.1%, while the Nasdaq slipped 0.2%. Brent crude dropped 3.8% to $72.60, described as returning near levels seen before the war with Iran and after U.S. and Israel attacks that led to Strait of Hormuz disruptions. American Airlines Group rose 1.7%. Healthcare stocks gained after the European Medicines Agency recommended approvals and expanded indications, including a 7.1% jump for Eli Lilly. AI stock declines weighed heavily given their index influence; Micron Technology fell 6.7%, and SpaceX swung from a brief 2.9% drop to a 3.5% gain.