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Stocks wobble as trade tensions between the U.S. and China escalate

NEW YORK (AP) — U.S. indexes bounced between gains and losses on Tuesday and wound up mixed on Wall Street as trade tensions continued to simmer between Washington and Beijing. The S&P 500 closed 0.2% lower after shifting between a steep morning loss and a recovery in the afternoon. The Dow Jones Industrial Average climbed 0.4% and the Nasdaq composite dropped 0.8% after making similar swings. The moves mark yet another series of sharp twists for markets over the last few days. Wall Street tumbled on Friday for its worst day since April and bounced back on Monday for its best day ...

Wall Street veers upward after Trump softens his criticism of China

NEW YORK (AP) — And back up goes Wall Street. U.S. stocks rallied Monday after President Donald Trump said “ it will all be fine,” just days after he sent the market reeling by threatening much higher tariffs on China. The S&P 500 jumped 1.6% in its best day since May and recovered ...

Wall Street ticks to more records, led by the technology stocks

NEW YORK (AP) — U.S. stocks edged up to more records on Thursday as technology stocks kept rising and as Wall Street kept ignoring the shutdown of the U.S. government. The S&P 500 added 0.1% to its all-time high set the day before. The Dow Jones Industrial Average rose 79 points, or 0.2%, and the Nasdaq composite climbed 0.4%. Both also hit records. Thursdays on Wall Street typically have investors reacting to the latest weekly tally of U.S. workers applying for unemployment benefits. But D.C.’s shutdown meant this week’s report on jobless claims has been delayed. An even more ...

Average long-term U.S. mortgage rate ticks up for second straight week, to 6.34%

WASHINGTON (AP) — The average rate on a 30-year U.S. mortgage ticked up for the second straight week following a string of declines that had brought down home borrowing costs to their lowest level in nearly a year. The average long-term mortgage rate rose this week to 6.34% from 6.3% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.12%. Mortgage rates are influenced by several factors, from the Federal Reserve’s interest rate policy decisions to bond market investors’ expectations for the economy and inflation. They generally follow the ...

Wall Street yawns at DC’s looming shutdown as the Dow sets another record

NEW YORK (AP) — U.S. stocks coasted to the finish of their latest winning month on Tuesday, as Wall Street yawned at the potential shutdown of the U.S. federal government that’s looming. The S&P 500 rose 0.4% to close out its fifth straight winning month after setting a record last week. ...