Despite a general easing in the weighted index, key goods continue to rise, and tariff impacts loom ahead.

World shares and U.S. futures slipped Thursday after U.S. stocks drifted to a mixed close on Wall Street. Oil prices fell about $2 a barrel. China moved to reverse some of its “non-tariff” measures against the U.S. as agreed with Washington in their temporary trade war cease-fire and most markets traded in a narrow range.

Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.

Analysts are still crunching the numbers on the impact of President Donald Trump's executive order from Monday on drug pricing. HSBC analyst Rajesh Kumar says a 20% price cut in government channels could result in 15% operating profit cuts in the industry.

You may see some price increases from tariffs in your shopping, but you won't see them in Wednesday's official report on inflation in April, forecasters say.

Stocks drifted to a mixed close on Wall Street, holding on to most of the gains they made earlier in the week after the U.S. and China declared a temporary cease-fire in their trade war.

The broad market index advanced 0.72% to close at 5,886.55. The S&P 500 now has a gain of 0.08% in 2025. The Nasdaq Composite gained 1.61% to finish the session at 19,010.08, while the Dow Jones Industrial Average slipped 269.67 points, or 0.64%, to 42,140.43.

Stocks have been roaring back since the S&P 500 fell nearly 20 percent below its record last month on hopes that President Donald Trump will ease his stiff tariffs on trading partners worldwide before they create a recession and send inflation spiking higher.

Worries about inflation, the state of the job market, government spending cuts and a decline in household wealth could all impact discretionary spending, ING's Knightley said. Other U.S. data include industrial production figures for April and weekly ...