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Rebounding AI stocks send the SP 500 within 1% of its record

NEW YORK (AP) — A rebound for AI stocks lifted the U. S. market on Monday. The S&P 500 rose 0. 7% and pulled back within 1% of its all-time high, even though the majority of stocks within the index fell. The strength for companies in the artificial-intelligence technology industry sent the Nasdaq composite 1. 1% higher, and the Dow Jones Industrial Average rose 155 points, or 0. 3%, to a record. AI stocks have swung sharply in recent weeks on worries that their prices shot too high. are 3...

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