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The Nexus
BUSINESSJul 29 · 20:47 UTCKITV4 HONOLULUBy STAN CHOE

Oil prices jump, while the Dow drops more than 1,100 as sinking AI stocks drag Wall Street lower

Oil prices increased while the Dow dropped over 1,100 points as declining AI stocks contributed to a broader Wall Street decline. The S&P 500 fell 1.5% amid uncertainty about the Federal Reserve's approach to controlling high inflation.

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Oil prices jump, while the Dow drops more than 1,100 as sinking AI stocks drag Wall Street lower · The Nexus