US stocks quiver but hold relatively steady as bonds show more stress following tariff escalations
By STAN CHOE, Associated Press Business Writer
NEW YORK (AP) — The U.S. stock market is quivering but holding relatively steady in early Wednesday trading after other markets worldwide swung sharply as President Donald Trump’s trade war keeps escalating.
The S&P 500 was nearly unchanged after futures markets had earlier indicated it could be heading for a much steeper loss. It swung between gains and losses in the first five minutes of trading. The Dow Jones Indust