Markets on Wall Street are mixed as oil prices soar, lifting energy company stocks
By STAN CHOE, AP Business Writer
NEW YORK (AP) — Slumping AI stocks and another climb in oil prices because of the Iran war are helping to halt Wall Street’s record-setting rally on Tuesday.
The S&P 500 fell 0.6% from its latest all-time high.
Read MoreAI Spending Fears Hit Tech Stocks As S&P 500 Pulls Back From Record
This article first appeared on GuruFocus.
US stocks pulled back on Tuesday, with the S&P 500 Index (SPY) slipping 0.7% from its record level by midday in New York, as renewed questions around artificial intelligence spending began to weigh on sentiment.
» Read more about: AI Spending Fears Hit Tech Stocks As S&P 500 Pulls Back From Record »
Read MoreS&P Dow Jones Indices: S&P Cotality Case-Shiller Index Reports Annual Gain in February 2026
- The S&P Cotality Case-Shiller U.S. National Home Price NSA Index posted a 0.7% annual gain for February 2026, down from a 0.8% rise in the previous month.
- More than half of major U.S. metropolitan markets posted year-over-year price declines in February, with Denver (-2.2%) displacing Tampa as the weakest market and Los Angeles and Washington joining the list of decliners.
Social Security Tax Thresholds for Retirement Income
Social Security benefits can be taxed at the federal level depending on your total income in retirement. Whether you owe taxes on your benefits, and how much, depends on very old data. The IRS uses income thresholds set decades ago that have never been adjusted for inflation. As incomes and cost-of-living adjustments increase, so do the number of retirees who cross this threshold each year.A financial advisor can help you understand how your Social Security benefits impact your retirement budget.
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Read MoreThe Burst
Is Tesla a Buy at $127 Per Share?
Tesla has been widely criticized in recent days with one hedge fund manager even predicting it will go bankrupt. Others have slammed Musk and his leadership for overseeing a larger than expected drop in deliveries. Still others see BYD as serious competition for Tesla with price rivalry threatening margins and the future of the automaker as a whole.
» Read more about: Is Tesla a Buy at $127 Per Share? »
Read MoreThe Ivy
Will This Buffett Favorite Skyrocket Under Trump?
Chevron (NYSE:CVX) ranks among Warren Buffett’s favorite stocks and is Berkshire Hathaway’s fifth-largest position with total exposure of $18.6 billion.
While Buffett has recently slashed some of Berkshire’s holdings, including his stake in Apple, he has only trimmed Chevron by single-digit percentages this year.
Is this Buffett favorite a buy,
» Read more about: Will This Buffett Favorite Skyrocket Under Trump? »
Read MoreThe Spotlight
