US markets today: Oracle slump drags S&P 500 lower; most stocks rise as yields ease

The S&P 500 slipped 0.4 per cent in early trade, moving further away from its October record high. The Dow Jones Industrial Average rose 233 points, or 0.5 per cent, while the Nasdaq Composite fell 0.7 per cent, according to AP.Oracle was among the biggest drags on the market, sliding 14.5 per cent after its quarterly revenue growth of 14 per cent came in below expectations despite stronger-than-expected profit. Investors also questioned whether the company’s heavy spending on artificial intelligence (AI) w ...