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AI stocks drag markets down worldwide as oil prices climb to their highest since May

NEW YORK (AP) — Drops for stocks in the artificial-intelligence industry are dragging down markets worldwide on Thursday, while oil prices hit their highest levels since May because of worries about the war with Iran. The S&P 500 sank 0. 8% following even sharper losses in Asia, whose markets are full of AI and other technology stocks. The Nasdaq composite was down 1. 5%, as of 10 a. m. Eastern time, but stocks outside of tech did better, and the Dow Jones Industrial Average was down a 0 1%,...

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