U.S. stocks recovered some ground Thursday, boosted by a good earnings report from Walmart and data showing a jump in nationwide retail sales in July, helping stocks bounce from the worst one-day fall this year on Wednesday.
Investors and central banks remain concerned though that President Trump’s trade war with China is undermining global economic growth after China on Thursday threatened unspecified retaliation against Trump’s recent threat to impose more tariffs on its imports from September.
How are the benchmarks performing?
The Dow Jones Industrial index DJIA, +0.39% ended up 99.97 points, or 0.39%, at 25,579.39, while the S&P 500 index SPX, +0.25% added just 7.00 points, or 0.25% to 2,847.60. But the Nasdaq Composite COMP, -0.09% lost 7.32 points, or 0.09%,