BALTIMORE (AP) — Samuel Basallo hit a two-run homer, Pete Alonso also drove in two runs and the Baltimore Orioles defeated the San Francisco Giants 6-2 on Sunday.
Baltimore has won five of six games and moved above .500 for the first time since its opening day victory.
Click to Gallery
Baltimore Orioles' Gunnar Henderson (2) steals second base in front of San Francisco Giants second baseman Christian Koss, left, during the third inning of a baseball game, Sunday, April 12, 2026, in Baltimore. (AP Photo/Stephanie Scarbrough)
Baltimore Orioles' Samuel Basallo rounds the bases after hitting a two-run home run during the first inning of a baseball game against the San Francisco Giants, Sunday, April 12, 2026, in Baltimore. (AP Photo/Stephanie Scarbrough)
San Francisco Giants starting pitcher Adrian Houser delivers during the third inning of a baseball game against the Baltimore Orioles, Sunday, April 12, 2026, in Baltimore. (AP Photo/Stephanie Scarbrough)
Baltimore Orioles' Cade Povich delivers during the third inning of a baseball game against the San Francisco Giants, Sunday, April 12, 2026, in Baltimore. (AP Photo/Stephanie Scarbrough)
Baltimore Orioles' Samuel Basallo (29) hits a two-run home run during the first inning of a baseball game against the San Francisco Giants, Sunday, April 12, 2026, in Baltimore. (AP Photo/Stephanie Scarbrough)
Casey Schmitt homered off the foul pole in left in the ninth inning as part of a three-hit day for the Giants, who dropped two of three to the Orioles.
Baltimore starter Cade Povich (1-0) retired the first 12 batters and yielded one run in 6 2/3 innings on his 26th birthday. The left-hander allowed five hits and no walks and struck out five.
Basallo ripped Adrian Houser’s two-out sinker into the Baltimore bullpen in left-center to score Alonso in the first inning. It was Basallo’s second homer of the season.
Alonso chased Houser (0-2) with a two-run double down the left-field line in the fifth. Houser gave up four runs and struck out three in 4 2/3 innings.
Baltimore’s Coby Mayo had an RBI single in the sixth, and Colton Cowser’s bases-loaded infield single in the seventh made it 6-1.
San Francisco second baseman Luis Arraez sat out after leaving Saturday night’s game with a bruised right wrist.
“I think with a day off tomorrow, it makes sense if we can get through today’s game without using him, you get almost three days of recovery so he can get to feeling great instead of just good enough to play,” Giants manager Tony Vitello said.
The Giants’ road trip continues Tuesday when LHP Robbie Ray (2-1, 2.08 ERA) starts the opener of a three-game series at Cincinnati.
Baltimore has not announced its pitching plans for Monday’s series opener against visiting Arizona.
AP MLB: https://apnews.com/hub/mlb
Baltimore Orioles' Gunnar Henderson (2) steals second base in front of San Francisco Giants second baseman Christian Koss, left, during the third inning of a baseball game, Sunday, April 12, 2026, in Baltimore. (AP Photo/Stephanie Scarbrough)
Baltimore Orioles' Samuel Basallo rounds the bases after hitting a two-run home run during the first inning of a baseball game against the San Francisco Giants, Sunday, April 12, 2026, in Baltimore. (AP Photo/Stephanie Scarbrough)
San Francisco Giants starting pitcher Adrian Houser delivers during the third inning of a baseball game against the Baltimore Orioles, Sunday, April 12, 2026, in Baltimore. (AP Photo/Stephanie Scarbrough)
Baltimore Orioles' Cade Povich delivers during the third inning of a baseball game against the San Francisco Giants, Sunday, April 12, 2026, in Baltimore. (AP Photo/Stephanie Scarbrough)
Baltimore Orioles' Samuel Basallo (29) hits a two-run home run during the first inning of a baseball game against the San Francisco Giants, Sunday, April 12, 2026, in Baltimore. (AP Photo/Stephanie Scarbrough)
NEW YORK (AP) — The U.S. stock market is ticking higher Tuesday as artificial-intelligence stocks regain more of their sudden and sharp losses from last week, while oil prices ease.
The S&P 500 rose 0.2% and pulled back within 2.5% of its all-time high set a week ago. The Dow Jones Industrial Average was up 195 points, or 0.4%, as of 10:15 a.m. Eastern time, and the Nasdaq composite was close to flat.
Companies selling computer chips, memory and other building blocks of the AI boom again helped lift the market.
Micron Technology rose 0.7%, for example, a day after jumping 9.9% and two days after plunging 13.3%. The computer memory company’s stock has already tripled so far this year, raising criticism that it’s gone too far, too fast. Following last week’s industrywide sell-off, the question is whether AI stocks are heading for a long downturn or just needed a shake-out to get rid of excessive optimism.
The biggest gain in the S&P 500 came from J.M. Smucker, which jumped 11.5% after reporting a stronger profit for the latest quarter than analysts expected. The company behind the Folgers, Hostess and other brands benefited from higher prices charged for coffee and sweet baked goods. It joined the long list of U.S. companies delivering stronger profit growth than analysts expected, which has helped drive the S&P 500 to record after record this year.
Nuvalent soared 38.8% after GSK agreed to buy the biotech company for $10.6 billion. The shares of U.K.-based GSK that trade in New York added 0.6%.
Wall Street, meanwhile, got some relief from falling oil prices. The price for a barrel of Brent crude oil dropped 3.3% to $91.14 after briefly topping $98 the day before.
Prices have swung up and down as hopes fade and rise that the United States and Iran can reach a deal to reopen the Strait of Hormuz. That would allow oil tankers to resume delivering crude from the Persian Gulf to customers.
The drop in oil prices helped stocks of airlines, which have been punished by soaring fuel costs. U.S. airlines spent more than $6 billion on jet fuel in April, up 78% from a year earlier, according to government data. United Airlines rose 3%, and Delta Air Lines climbed 2.8%.
To make up for their higher fuel bills, airlines have been raising their own airfares. It’s part of the broad, painful acceleration of inflation hitting U.S. shoppers because of the war with Iran. The high oil prices are also pushing up bond yields worldwide, raising the pressure on stock prices.
Treasury yields eased a bit Tuesday with the fade in oil prices. The yield on the 10-year Treasury dipped to 4.54% from 4.56% late Monday. But it’s still well above its 3.97% level from just before the war with Iran.
The latest monthly updates on U.S. inflation will arrive later in the week, with one on consumer prices coming Wednesday and one on wholesale prices coming Thursday.
Inflation is high enough, and the U.S. job market looks strong enough, that traders on Wall Street largely expect the Federal Reserve will have to raise its main interest rate at least once by the end of this year. Higher interest rates would keep a lid on inflation, but they would also threaten to slow economies and undercut prices for stocks and all kinds of other investments.
The average long-term U.S. mortgage rate has already recently climbed to its highest level in nine months, and high costs to borrow money could discourage the building of AI data centers that are fueling the U.S. economy's growth.
In stock markets abroad, indexes rose in much of Europe following bigger moves in Asia.
South Korea’s Kospi jumped 8.2% and nearly recovered Monday’s plunge of 8.3%. It’s been beholden to the performance of big tech stocks like SK Hynix and Samsung Electronics.
AP Business Writers Matt Ott and Elaine Kurtenbach contributed to this report.
Options trader Chris Daytona, right, works on the floor of the New York Stock Exchange, Wednesday, June 3, 2026. (AP Photo/Richard Drew)
Trader John Romolo works on the floor of the New York Stock Exchange, Wednesday, June 3, 2026. (AP Photo/Richard Drew)
Trader John Bowers works on the floor of the New York Stock Exchange, Wednesday, June 3, 2026. (AP Photo/Richard Drew)
A board above the trading floor of the New York Stock Exchange displays the closing number for the Dow Jones industrial average, Wednesday, June 3, 2026. (AP Photo/Richard Drew)
A dealer stands near the screens showing the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Tuesday, June 9, 2026. (AP Photo/Lee Jin-man)
People stand 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, Tuesday, June 9, 2026. (AP Photo/Lee Jin-man)
A dealer talks 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, Tuesday, June 9, 2026. (AP Photo/Lee Jin-man)
A dealer stands near the screen showing the Korea Composite Stock Price Index (KOSPI) at a dealing room of Hana Bank in Seoul, South Korea, Tuesday, June 9, 2026. (AP Photo/Lee Jin-man)
