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    ITNewspapersThe New Indian Express

    Rebounds for AI stocks help support Wall Street and keep the market mixed

    Binu Mathew
    By Binu MathewJuly 7, 2026

    NEW YORK: A rebound for AI stocks is helping to support Wall Street and keep indexes mixed on Monday.

    The S&P 500 rose 0.5%, even though the majority of stocks within the index fell. The strength for companies in the artificial-intelligence technology industry had the Nasdaq composite 1.1% higher, as of 9:35 a.m. Eastern time, but the Dow Jones Industrial Average was down 160 points, or 0.3%.

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