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

Oil prices jump, while the Dow drops more than 1,100 as sinking AI stocks drag Wall Street lower
Photo: Odessa American (oaoa.com) · view original

By STAN CHOE AP Business Writer NEW YORK Oil prices got back to jumping on Wednesday, while sinking technology stocks dragged Wall Street lower amid uncertainty about what the Federal Reserve will do to get high inflation under control. The S&P 500 fell 1.5% after swinging sharply between gains a...

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