AI stocks halt brutal, worldwide sell-off as Wall Street trims its loss for the week
NEW YORK — AI stocks are bouncing back Friday and recovering some of their sell-off from the last two days. The rest of the U.S. stock market is mixed following a whirlwind few days of Wall Street trying to sort out what this week’s sweeping victories by Democrats in the U.S. midterm elections will mean for the economy. The S&P 500 rose 0.9 percent and trimmed its loss for the week to 2.1 percent. The Dow Jones Industrial Average was down 3 points, or less than 0.1 percent, as of 11:45 a.m. Eastern time, and the Nasdaq composite was 1.6 percent higher. Even with this week's extreme swings, the S&P 500 remains only 5.1 percent below its all-time high, which was set last month. Friday's relative steadiness for Wall Street halted what had been a worldwide tumble for stocks. Indexes dropped 6 percent in Tokyo and 6 percent in Seoul following the U.S. market’s plunge on Thursday, which was its worst since President Donald Trump shook markets in April 2025 with his “Liberation Day” tariffs. European indexes have fewer stocks tied to the artificial-intelligence industry, but Germany
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