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July 21, 2026

Wall Street drifts as AI stocks hold steadier after last week's losses

By STAN CHOE
AP Business Writer

NEW YORK — Wall Street drifted to a quiet finish Monday after stocks of chipmakers and other winners of the artificial-intelligence boom trimmed some of their recent losses.

The S&P 500 dipped 0.2%, coming off its first losing week in the last three and just its third since the end of March. The Dow Jones Industrial Average dropped 307 points, or 0.6%, and the Nasdaq composite was basically flat after slipping by less than 0.1%.


 
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