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October 20, 2026

AI stocks lead a Wall Street rebound, European markets drop

By STAN CHOE
AP Business Writer

NEW YORK (AP) — Stocks in the artificial-intelligence industry bounced back on Wall Street Monday and recovered some of their steep losses from last week, but the rest of the market and stocks worldwide were shaky.

The S&P 500 rose 0.4%, coming off its worst week since June, and the Nasdaq composite rallied 1.1% because it's full of technology stocks. The majority of U.S. stocks outside of AI and tech fell, though, and the Dow Jones Industrial Average swung between losses and gains before finishing with a drop of 36 points, or 0.1%.


 
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