U.S. stocks steadied after an encouraging update on inflation helped calm a Wall Street that's been wracked by worries about how AI may upend the business world.
The S&P 500 barely budged on Friday, a day after it had tumbled to one of its worst losses since Thanksgiving. The Dow Jones Industrial Average rose 0.1%, and the Nasdaq composite fell 0.2%.
Stocks got some help from easing Treasury yields, which fell after a report showed inflation slowed last month.
Several stocks that got hit by worries about AI disrupting their industries a day earlier also recovered some of their sharp losses.
On Friday:
The S&P 500 rose 3.41 points, less than 0.1%, to 6,836.17.
The Dow Jones Industrial Average rose 48.95 points, or 0.1%, to 49,500.93.
The Nasdaq composite fell 50.48 points, or 0.2%, to 22,546.67.