AI stocks lead a rebound on Wall Street as European markets drop following protests

NEW YORK (AP) — AI stocks recovered some of their steep losses from last week, but the rest of the market and stocks worldwide were shaky. The S&P 500 rose 0.4% Monday, and the Nasdaq composite rallied 1.1%. The majority of U.S. stocks outside of AI and tech fell, though, and the Dow Jones Industrial Average closed 0.1% lower after swinging between losses and gains earlier in the day. In Europe, indexes fell more than 1% following protests over the weekend that could force governments to increase their spending. Yields cranked higher in bond markets worldwide.THIS IS A BREAKING NEWS UPDATE. Check back for updates. AP’s earlier story follows below.NEW YORK (AP) — Stocks in the artificial-intelligence industry are bouncing back on Wall Street Monday and recovering some of their steep losses from last week, but the rest of the market and stocks worldwide are shaky.The S&P 500 rose 0.6%,...