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NEW YORK/LONDON — Wall Street equities mostly rallied on Friday, reversing course after trillions of dollars of world stock market value was wiped out over fears that Democratic election victories this week would bring tighter U.S. regulations for the AI industry. Benchmark S&P 500 and the Nasdaq were trading higher with technology, communication services and consumer discretionary stocks driving gains. The Dow edged lower on the day. All three indexes were on track for weekly losses following a brutal selloff in the prior session. The Dow Jones Industrial Average was down 0.08 per cent, the S&P 500 rose 0.61 per…
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