Wall Street holds steady as several retailers including Abercrombie report solid results
NEW YORK (AP) — U.S. stocks are holding steadier a day after leaping back within a few good days’ worth of gains from its all-time high.
The S&P 500 was up 0.1% in early trading Wednesday.
The index has been charging higher as markets hope that the worst of the turmoil from President Donald Trump’s trade war may have passed.
The Dow Jones Industrial Average was flat, and the Nasdaq composite was up 0.2%. Abercrombie & Fitch soared after its profit and revenue beat analysts’ expectations. Macy’s rose after reporting milder drops in revenue and profit than analysts expected for the latest quarter.
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