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Wall Street steadies as AI stocks recover some of last week's sharp losses

Wall Street is holding steadier, as AI stocks trim some of their sharp recent losses. The S&P 500 rose 0.3% Monday, coming off its first losing week in the last three and just its third since the end of March. The Dow Jones Industrial Average dipped 92 points, and the Nasdaq composite climbed 0.5%. Stocks like Nvidia, Sandisk and AMD helped lead the way after tumbling last week on worries that their prices had shot too high. Oil prices swung sharply on uncertainty about the war with Iran but pulled back from their overnight highs.