NEW YORK (AP) — Wall Street is drifting on Monday as technology stocks recover some of their losses from late last week and oil prices sink.
The S&P 500 added 0.4% in morning trading, though slightly more stocks within it fell than rose. The Dow Jones Industrial Average was down 49 points, or 0.1%, as of 10:30 a.m. Eastern time, and the Nasdaq composite was 0.9% higher. All three are near their all-time highs set a week ago.
Big Tech stocks rose to lead the way. Amazon added 0.7% following its 5.1% drop last week, and Microsoft rose 0.8% following its 1.2% decline, for example. They were two of the strongest forces lifting the S&P 500 because they’re two of the biggest stocks on Wall Street.
On the losing end of the market were companies in the oil business, which were hurt by s