AI stocks slump again, while oil prices keep climbing

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NEW YORK (AP) — Computer chip makers and other winners of the artificial-intelligence boom are swinging lower again and weighing on stock markets worldwide. Oil prices continued to climb Thursday because of the war with Iran. The S&P 500 slipped 0.2%. The Dow Jones Industrial Average rose 146 points, and the Nasdaq composite fell 0.5%. Western Digital and Sandisk were among the early losers among U.S. stocks. South Korea’s Kospi index fell 6.4%, led by sharp drops in SK Hynix and Samsung. European indexes were broadly lower. The price of Brent crude rose 1.1%. Treasury yields moved higher in the…

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