Stocks

All three major averages are on pace for their second straight week of gains.

Stocks are veering lower in early trading on Wall Street Wednesday, led by drops in technology companies and banks.

"The timing of our IPO was very much aligned with our president’s tariff wars – the same day," Khosrowshahi said.

___ Businesses showing discontent with Trump's trade policies WASHINGTON (AP) — Business groups, already uncomfortable with Trump's attempts to stem immigration, are struggling to figure out where to stand in the fast-shifting political climate.

The latest on developments in financial markets (all times local): 9:35 a.m.

In economic news, the consumer price index edged up 0.1 percent in May, the cost of food was offset by cheaper gasoline, the government said.

Shares declined in Asia on Wednesday and Hong Kong's Hang Seng index tumbled nearly 2% as thousands continued protests against proposed legislation that many city residents fear could further erode the territory's legal autonomy.

Elon Musk laid out plans for the electric automaker at Tuesday's annual shareholder meeting.

U.S. stocks marched higher in early trading Tuesday on Wall Street and extended a winning streak that has recouped much of May's sharp losses.

Once this trade-war cloud gets lifted, investors should have little to worry about, right?

___ States sue to stop $26.5 billion Sprint-T-Mobile deal NEW YORK (AP) — A group of state attorneys general led by New York and California are seeking to block T-Mobile's $26.5 billion bid for Sprint.

The latest on developments in financial markets (all times local): 9:35 a.m.

The price for a share of Beyond Meat almost tripled on the first day of trading in May and that was just a taste of what was to come.

Asian shares rose Tuesday as investor jitters over trade eased after President Donald Trump suspended plans to impose tariffs on Mexican imports and said he expects to meet with the Chinese leader.

Crude oil prices and the yield on the 10-Treasury closed relatively unchanged: $53.28 per barrel and 2.15 percent, respectively.

The deal is the culmination of several years of private equity interest in Shutterfly.

U.S. stocks moved broadly higher in early trading Monday on Wall Street after the U.S. and Mexico averted a trade war and potentially damaging tariffs, while several companies inked billion-dollar deals.

Private equity firm Apollo Global Management Photo is buying online photo publishing company Shutterfly for $51 per share.

A group of shareholders of from Hudson's Bay Company want to take the Canadian retail company private.

___ US employers hired a record number of people in April WASHINGTON (AP) — U.S. employers hired the most people on record in April, while the number of open jobs was largely unchanged, evidence that the job report remains solid.