
US futures dip as AI sell-off returns and oil prices rise sharply
By Katherine Langford
WPLG Local 10
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NEW YORK (AP) — More swings for stocks in the artificial-intelligence industry are weighing on Wall Street, but the overall U.S. market is holding relatively steady following profit reports from several companies that topped expectations. The S&P 500 slipped 0.1% early Tuesday to give back some of its gain from Monday. The losses for AI stocks sent the Nasdaq composite down 0.5%, while the Dow Jones Industrial Average edged up 80 points, or 0.2%. Meta Platforms, Micron and Intel all fell. Halliburton climbed after reporting profit and revenue that were bigger than analysts expected. Stock indexes fell in Europe again.THIS IS A BREAKING NEWS UPDATE. Check back for updates. AP’s earlier story follows below.U.S. futures are mostly lower as artificial-intelligence stocks come under pressure again and oil prices rose amid sporadic fighting in the Middle East.Futures for the S&P 500 fell 0.1% on Tuesday, while those for the Nasdaq declined 0.5%. Futures for the Dow Jones Industrial Average g