NEW YORK (AP) — U.S. stocks rose to another all-time high, but a slide in oil prices kept the gains in check by weighing down energy companies.
The S&P 500 rose 0.4% Thursday, setting its third record high this week. The Dow Jones Industrial Average added 0.6%, and the Nasdaq rose 0.6%.
Micron Technology led the way after AI-related demand helped it deliver a stronger-than-expected profit report. Other tech companies also rose.
Exxon Mobil, ConocoPhillips and other energy companies fell along with crude prices. Stock markets overseas jumped on hopes for more moves by China to prop up the world's second-largest economy.