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AI Stocks Are Doing the Heavy Lifting Today

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Oil Extends Fall as Traders Assess Russia-Ukraine Peace Talk Prospects

The stock market turned to an old trick to kick off 2026 trading, but early gains didn’t last long.

The Dow Jones Industrial Average was down 140 points, or 0.3%, while the S&P 500 was flat. The Nasdaq Composite was up 0.2%.

The S&P and Dow struggled to hold onto early gains, but the S&P was still flat even though a majority of the stocks in the index were down on the day. Enter the AI trade.

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