Nets rout Kings 116-99 to end 10-game losing streak

NEW YORK (AP) — Ochai Agbaji scored 18 points in 25 minutes off the bench and the Brooklyn Nets snapped a 10-game losing streak with a 116-99 win over the Sacramento Kings on Sunday night.

Agbaji led five Nets in double-figure scoring as Nolan Traore had 17, Drake Powell 16, Noah Clowney 15 and Nic Claxton 10 for Brooklyn.

Sacramento fell to 19-57 with its fourth straight loss.

Devin Carter scored 20 points for the Kings, who lost their fourth straight. Nique Clifford added 17, Precious Achiuwa had 16 and DaQuan Jeffries 14.

The second matchup in six days of franchises building for the future saw Nets coach Jordi Fernandez and Kings coach Doug Christie get extended looks at their young players.

There were 10 Nets who played at least 10 minutes, led by Traore’s 30, while the Kings had nine get playing time. Clifford led Sacramento with 37 minutes.

Brooklyn put the game away in a span of 8:44 between the end of the first quarter and the midpoint of the second with a 23-7 run.

Agbaji scored nine of his 18 points in the stretch for the Nets.

It wasn’t all offense for Brooklyn in the first half. The Nets limited the Kings to 26.7% shooting from 3 and forced nine turnovers.

Sacramento outscored Brooklyn 28-18 in the third quarter and opened the final 12 minutes with a 10-6 spurt to cut the Nets’ lead to 92-83. That was as close as the Kings would come.

Kings: Finish their five-game road trip Wednesday in Toronto.

Nets: Continue their season-high six-game homestand Tuesday against Charlotte.

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AP NBA: https://apnews.com/hub/NBA

Brooklyn Nets' Nolan Traore (88) drives past Sacramento Kings' Devin Carter (22) during the second half of an NBA basketball game Sunday, March 29, 2026, in New York. (AP Photo/Frank Franklin II)

Sacramento Kings' Nique Clifford (5) defends Brooklyn Nets' Nolan Traore (88) during the second half of an NBA basketball game Sunday, March 29, 2026, in New York. (AP Photo/Frank Franklin II)

Brooklyn Nets' Drake Powell, left, shoots over Sacramento Kings' Nique Clifford during the second half of an NBA basketball game Sunday, March 29, 2026, in New York. (AP Photo/Frank Franklin II)

Brooklyn Nets' Nic Claxton (33) looks to pass during the second half of an NBA basketball game against the Sacramento Kings Sunday, March 29, 2026, in New York. (AP Photo/Frank Franklin II)

Brooklyn Nets' Drake Powell (4) dunks the ball in front of Sacramento Kings' Precious Achiuwa (9) during the second half of an NBA basketball game Sunday, March 29, 2026, in New York. (AP Photo/Frank Franklin II)

NEW YORK (AP) — U.S. stocks are hanging near their records Wednesday as oil prices fall and ease the pressure on households and businesses worldwide.

The S&P 500 slipped 0.1% below its all-time high set the day before. The Dow Jones Industrial Average was up 183 points, or 0.4%, as of 12:56 p.m. Eastern time, and the Nasdaq composite was 0.1% lower.

Stocks of companies with big fuel bills helped lead the way on hopes that lower oil prices will remove a big drag on their profits. Norwegian Cruise Line Holdings climbed 5.7%, and United Airlines rallied 7.3%. Delta Air Lines rose 3.7% and is on track to set an all-time high.

The price for a barrel of Brent crude oil fell 4.1% to $95.48 after the ceasefire between the United States and Iran appeared to hold despite the U.S. military launching what it called “self-defense” strikes in southern Iran. A barrel of benchmark U.S. crude fell even more, 4.2%, to $89.69 on hopes that the United States and Iran can reach an agreement to reopen the Strait of Hormuz and allow oil tankers to exit the Persian Gulf for deliveries again.

Stocks have been able to run to records despite the painful inflation and uncertainty caused by high oil prices largely because companies have reported surprisingly strong profits for the start of 2026, and the forecast is for them to continue.

Bath & Body Works rallied 11.2%, and Abercrombie & Fitch climbed 11.8% after both reported bigger profit for the latest quarter than analysts expected. That's even as U.S. consumers continue to say they're feeling discouraged about the economy and inflation.

Lululemon Athletica rose 3.6% after reaching a deal with its founder, Chip Wilson, where it will add a former chief marketing officer of ESPN and a former co-CEO of On to its board of directors.

On the losing side of Wall Street was Dick's Sporting Goods, which dropped 4.9% despite delivering a profit for the latest quarter that edged past expectations. Analysts pointed to how much profit it wrung out of each $1 in revenue, which some called a bit weak.

Oil-and-gas stocks also sank, hurt by the dropping prices for crude. Exxon Mobil fell 1.4%, and Chevron slipped 0.8%. Halliburton dropped 3% to bring its gain for the year so far back toward 40%.

In the bond market, Treasury yields eased after falling oil prices took pressure off inflation. The yield on the 10-year Treasury slipped to 4.48% from 4.50% late Tuesday and from 4.67% roughly a week ago.

It’s a respite following recent gains for yields in bond markets worldwide, which threatened to slow economies and undercut prices for stocks and all kinds of other investments. High yields have already forced the average long-term U.S. mortgage rate to its most expensive level since last summer, and they could curtail companies’ borrowing to build the artificial-intelligence data centers that have supported the U.S. economy’s growth recently.

In stock markets abroad, indexes were mixed across Europe and Asia. South Korea's Kospi was one of the world's best performers and jumped 2.3% after SK Hynix, which is a big beneficiary of the artificial-intelligence boom, soared 9.3%.

A day before, Micron Technology surged to become the latest Big Tech company to be worth more than $1 trillion on AI excitement. Its stock has more than tripled already in 2026, and analysts at UBS said Tuesday it could soar even more because of how fundamentally AI has improved demand for computer memory.

AP Business Writer Elaine Kurtenbach contributed to this report.

Trader Edward Curran, left, and specialist Meric Greenbaum, center, work on the floor of the New York Stock Exchange, Friday, May 22, 2026. (AP Photo/Richard Drew)

A person looks at an electronic stock board showing Japan's Nikkei index at a securities firm Monday, May 25, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)

A dealer walks past near the screens showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, May 27, 2026. (AP Photo/Lee Jin-man)

A dealer walks past near the screens showing the foreign exchange rates at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, May 27, 2026. (AP Photo/Lee Jin-man)

A dealer walks past near the screens showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, May 27, 2026. (AP Photo/Lee Jin-man)

A dealer stands near the screens showing the Korea Composite Stock Price Index (KOSPI), the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, May 27, 2026. (AP Photo/Lee Jin-man)