AI stocks drop, but the rest of Wall Street holds steadier after oil prices give back an early jump

Stocks outside the artificial intelligence sector helped offset losses on Wall Street. The S&P 500 index fell by a modest 0.5 percent. More stocks within the index rose than fell.

A midday adjustment in oil prices also contributed to limiting the market's losses. The Dow Jones Industrial Average and Nasdaq composite both dropped, but by less than 1 percent.

Further information on the market's performance is available, including details on the factors contributing to the decline of artificial intelligence stocks and the impact on the bond market.