Stocks mixed on Wall Street but still headed for weekly gain

Stocks mixed on Wall Street but still headed for weekly gain

4 years ago
Anonymous $-9GJQVHNr8

https://apnews.com/645acab81e0cf5147e55718a3a7dfe9d

Stock indexes edged mostly higher in afternoon trading Friday after President Donald Trump outlined several actions in response to China eroding the autonomy of Hong Kong, but did not mention any moves to upend a trade pact struck with Beijing earlier this year.

The S&P 500 was up 0.2%, extending its gains for the week. The benchmark index, which is on track to close out May with its second monthly gain in a row, had been down 1% ahead of Trump's late-afternoon remarks. The market had been nervous that the Trump administration would reignite a costly trade war between the U.S. and the world's second largest economy.