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August 13, 2026

Wall Street rises near a record as AI stocks climb

By STAN CHOE
AP Business Writer

NEW YORK (AP) — Wall Street finished just shy of a record Wednesday after several AI stocks reported better growth for the spring than analysts expected, while a report showed inflation across the United States was slightly less bad last month.

The S&P 500 rose 0.3% for its first gain since setting its all-time high on Friday. The Dow Jones Industrial Average dipped 21 points, or less than 0.1%, and the Nasdaq composite climbed 0.5%.


 
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