Stocks rise, trim losses for June

U.S. stocks rose Tuesday and trimmed losses for June, easing a month marked by heavy pressure on artificial-intelligence names. The S&P 500 gained 0.8% to 7,499.36 and moved toward ending its streak of monthly gains as it still logged its first losing month after two strong ones. The Dow Jones Industrial Average added 136.46 points, or 0.3%, to 52,319.20, while the Nasdaq Composite climbed 1.5% to 26,213.72. AI stocks firmed as Nvidia rose 2.6%, trimming its June drop, even while most S&P 500 members fell. Microsoft gained 1.2% but remained down for the month at 17.2%, while Oracle slipped 0.8% as its monthly decline widened to 35.1%. Outside AI, a jobs report showed more openings than expected, while consumer confidence improved less than forecast. Concentrix fell 11.2% after results narrowly missed estimates. Brent crude fell 1.3% to $72.95 ahead of talks involving U.S. envoys in Qatar about an initial Iran-war deal.