S&P 500 pulls within 1.2% of its all-time high even as majority of its stocks fell: Broadcom, Nvidia and other AI stocks made up the difference

Stocks in the artificial-intelligence industry are leading Wall Street higher on Tuesday, as their yo-yo moves swing back upward. The S&P 500 rose 0.6% and pulled within 1.2% of its all-time high set earlier this month. The Dow Jones Industrial Average was up 25 points, or less than 0.1%, with an hour remaining in trading, and the Nasdaq composite was 1.2% higher. The majority of stocks within the S&P 500 were falling, but the gains for influential AI stocks made up for that.

Source: Fortune Crypto