NEW YORK (AP) — The U.S. stock market is drifting in mixed trading on Wednesday as technology stocks keep swinging.
The S&P 500 was virtually flat after recovering from an early loss of 0.8%, and it may avoid its first back-to-back drop in three weeks. The Dow Jones Industrial Average was down 268 points, or 0.5%, as of 10:30 a.m. Eastern time, and the Nasdaq composite was 0.1% lower.
Wall Street has been shaky since last week, when stocks swept up in the artificial-intelligence boom went from roaring to records to suddenly turning lower. Among the worries is that their prices have simply shot too high, too fast because of AI mania.
Super Micro Computer, which sells AI servers, tumbled 14.1% after saying late Tuesday that it plans to raise $7 billion in…
