NEW YORK (AP) — More gains for Nvidia, Amazon and other AI superstars are propping up Wall Street on Monday, even as most U.S. stocks fall.
The S&P 500 was virtually unchanged in midday trading and was holding near its all-time high set last week. The Dow Jones Industrial Average was down 203 points, or 0.4%, as of 11:30 a.m. Eastern time, and the Nasdaq composite was 0.3% higher.
The losses were widespread, and nearly three out of every four stocks within the S&P 500 fell. Kimberly-Clark led the way with a drop of 12.3% after it said it would buy Kenvue in a deal valuing it at $48.7
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