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Wall Street drifts as AI stocks hold steadier after last week’s losses
Summary by The San Antonio Editorial Desk · Based on reporting by Chan Ho-Him, Associated Press , KSAT 12 (ABC affiliate)
· July 20, 2026
· 4 min read
Wall Street drifted to a quiet finish Monday after stocks of chipmakers and other winners of the artificial-intelligence boom trimmed some of their recent losses. The S&P 500 dipped 0.2%, coming off its first losing week in the last three and just its third since the end of March. The Dow Jones I...
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Summary created by The San Antonio Editorial Desk — automated, rule-governed Original reporting Chan Ho-Him, Associated Press, KSAT 12 (ABC affiliate) Original story Read at the source Source published Jul 20, 2026 Indexed here Jul 20, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway The Dow Jones Industrial Average dropped 307 points, or 0.
Why this matters in The San Antonio
San Antonio's economy, with its significant ties to the tech and energy industries, may feel the ripple effects of the global market turmoil. As oil prices climb due to escalating tensions between the US and Iran, local businesses that rely on fuel, such as transportation and logistics companies, may face increased costs. Meanwhile, the decline of AI-related stocks could impact San Antonio's own tech sector, which has been growing in recent years. The city's efforts to establish itself as a hub for tech innovation, including AI research and development, may be affected by the perceived bubble in the sector. As the global market situation continues to unfold, San Antonio residents and businesses will be watching closely to see how these developments impact the local economy, from potential increases in gas prices to shifts in the tech industry's growth trajectory.
About this story
Original reporting by KSAT 12 (ABC affiliate) . The San Antonio 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) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 20, 2026 ·
Source: KSAT 12 (ABC affiliate) ·
Reading time: 4 min
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What is this story about? Wall Street drifted to a quiet finish Monday after stocks of chipmakers and other winners of the artificial-intelligence boom trimmed some of their recent losses. The S&P 500 dipped 0.2%, coming off its first losing week in the last three and just its third since the end of March. The Dow Jones I...
When was this published? This article was first published on July 20, 2026 by KSAT 12 (ABC affiliate) and curated for The San Antonio readers.
Who reported this story? This story was reported by Chan Ho-Him, Associated Press at KSAT 12 (ABC affiliate). To learn more about how The San Antonio selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The San Antonio, or browse our daily briefing and topic hubs .
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