More drops for superstars caught up in Wall Street’s artificial-intelligence frenzy knocked the U.S. stock market off its record highs.

Lower- and middle-income households are feeling the squeeze of high prices following years of high inflation, along with a slowing job market. That means a roughly 25% chance of a recession, according to Barry Bannister, chief equity strategist at Stifel.

The valuations of some artificial intelligence companies are approaching those of the dot-com boom. But investors worry that pulling money from today’s market risks future gains.

The widespread expectation is that the Fed will cut its main interest rate for a third time this year to bolster the job market.

The S&P 500 Has Soared 92% During This Bull Market. History Says the Stock Market Will Do This in 2026. Historically, the S&P 500 has returned an average of 184% during bull markets.

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Here's what you need to know about whether U.S. stock markets will be open or closed on Christmas Eve and Christmas Day this year.

Wall Street set records, even as a sell-off for Oracle and worries about a potential bubble in artificial intelligence technology weighed on the market.

Most U.S. stocks are rising, but a drop for Oracle is holding Wall Street back as investors question whether its big spending on artificial-intelligence technology will pay off