U.S. stocks mostly rose after getting some relief from an encouraging inflation update. But even on a rare up day for the market, President Donald Trump’s trade war still knocked stocks around.
The S&P 500 climbed 0.5 percent Wednesday after skidding between an even bigger early gain and a later loss. The Dow Jones Industrial Average also pinballed between gains and losses, and wound up 0.2 percent lower. The Nasdaq composite added 1.2 percent.
AI stocks led the way, but U.S. companies targeted by tariffs announced by Europe and others weighed on the market. Harley-Davidson and whiskey maker Brown-Forman fell.
On Wednesday:
The S&P 500 rose 27.23 points, or 0.5 percent, to 5,599.30.
The Dow Jones Industrial Average fell 82.55 points, or 0.2 percent, to 41,350.93.
The Nasdaq composite rose 212.35 points, or 1.2 percent, to 17,648.45.
The Russell 2000 index of smaller companies rose 2.87 points, or 0.1 percent, to 2,026.47.
For the week:
The S&P 500 is down 170.90 points, or 3 percent.
The Dow is down 1,450.79 points, or 3.4 percent.
The Nasdaq is down 547.77 points, or 3 percent.
The Russell 2000 is down 49.02 points, or 2.4 percent.
For the year:
The S&P 500 is down 282.33 points, or 4.8 percent.
The Dow is down 1,193.29 points, or 2.8 percent.
The Nasdaq is down 1,662.34 points, or 8.6 percent.
The Russell 2000 is down 203.69 points, or 9.1 percent.
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