local
Most of Wall Street rises, but sinking AI stocks send it lower for the week
By Associated Press at KSAT 12 (ABC affiliate) — San Antonio
· June 26, 2026
· 4 min read
Most of the U.S. stock market rose Friday after oil prices eased back to where they were before the war with Iran, but drops for stocks swept up in the mania around artificial-intelligence technology kept the market in check. The S&P 500 finished nearly flat and slipped less than 0.1% to close o...
Key takeaway The S&P 500 finished nearly flat and slipped less than 0.
Why this matters in Terrell Hills News
The volatility in Asian markets and the fluctuations in US stock futures may seem distant from Terrell Hills , but the ripple effects can be felt in the local economy. As investors react to the surge in AI-related stocks, the uncertainty can impact businesses and residents in the community. The recent rallies and subsequent sell-offs may lead to a decrease in consumer spending, affecting local businesses that rely on a stable economy. Furthermore, the fluctuations in oil prices, which have fallen from highs above $100, can influence the cost of living in Terrell Hills, impacting everything from commuting costs to energy bills. As the global market continues to navigate the AI-driven volatility, residents of Terrell Hills should keep a close eye on how these changes affect their daily lives and the local economy, from the potential impact on job markets to the cost of goods and services.
About this story
Original reporting by KSAT 12 (ABC affiliate) — San Antonio . Terrell Hills News surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSAT 12 (ABC affiliate) — San Antonio . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 26, 2026 ·
Source: KSAT 12 (ABC affiliate) — San Antonio ·
Reading time: 4 min
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Frequently asked about this story
What is this story about? Most of the U.S. stock market rose Friday after oil prices eased back to where they were before the war with Iran, but drops for stocks swept up in the mania around artificial-intelligence technology kept the market in check. The S&P 500 finished nearly flat and slipped less than 0.1% to close o...
When was this published? This article was first published on June 26, 2026 by KSAT 12 (ABC affiliate) — San Antonio and curated for Terrell Hills News readers.
Who reported this story? This story was reported by Associated Press at KSAT 12 (ABC affiliate) — San Antonio. To learn more about how Terrell Hills News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from Terrell Hills News, or browse our daily briefing and topic hubs .
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