Stocks

Business Highlights

___ US-China trade war elevates the risks to the global economy WASHINGTON (AP) — The trade war that has erupted between the U.S. and China carries a major risk of escalation that could weaken investment, depress spending, unsettle financial markets and slow the global economy.

Sonos files for IPO

The wireless speaker company’s annual sales are approaching $1 billion.

How major US stock indexes fared Thursday

U.S. stocks closed broadly higher Thursday as solid gains in technology and health care companies set the market on course to snap a two-week losing streak.