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NEW YORK (AP) -- The U.S. stock market rallied to its best day in six weeks Thursday after falling oil prices and easing pressure from the bond market helped Wall Street reverse many of its moves from the prior day.
The S&P 500 jumped 1.1% for just its second rise in the last nine days. The Dow Jones Industrial Average added 316 points, or 0.6%, and the Nasdaq composite climbed 1.7%.
Stocks got a boost after the price for a barrel of Brent crude oil slid 1% to settle at $104.82. That's down from the nearly $110 it reached earlier in the week on worries that the war with Iran will keep oil bottled up in the Middle East instead of going to customers worldwide.
On Wall Street, stocks in the artificial-intelligence industry continued to rebound following their worldwide slide on Monday. Nvidia climbed 2.5%, and Advanced Micro Devices rose 6.4%.
That was even though OpenAI disclosed six more reports of "unexpected or concerning" behavior in AI models.