Wall Street drops on AI and oil

U.S. stocks retreated at the opening due to pressure from AI-related shares and rising oil prices, as investors awaited earnings reports from major companies later in the week. The Dow Jones Industrial Average fell by 6.8 points (+0.01%) to reach 51,959.21 points. The S&P 500 declined by approximately 11.7 points (+0.15%) to 7,679.01 points. The Nasdaq Composite decreased by 98 points (+0.37%) to settle at 26,332.92 points.

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