Dow rises 556 points as investors rotate out of AI stocks
US stocks ended mostly higher Thursday as investors moved away from some AI-related stocks and into defensive sectors amid concerns about borrowing costs and persistent inflation.
US stocks ended mostly higher on Thursday as investors shifted away from some artificial intelligence-related stocks and into healthcare, consumer, and other defensive sectors amid concerns about elevated borrowing costs and persistent inflation.The Dow Jones Industrial Average gained 556 points, o…