US stocks drift as investors try to separate AI winners from losers

NEW YORK (AP) — U.S. stocks are drifting in mixed trading Thursday as the market splits further between perceived winners and losers from the rush into artificial-intelligence technology.

The S&P 500 rose 0.2% and was sitting a bit below its all-time high set late last month. The Dow Jones Industrial Average was up 267 points, or 0.5%, as of 10:15 a.m. Eastern time, and the Nasdaq composite was 0.2% lower.

On the winning side of the market was Equinix, which jumped 11.6% even...