The major averages posted modest gains on Thursday, placing them on track for a winning week. Softer-than-anticipated inflation reports helped lift stocks.

Stocks were headed for losses on Wednesday after a plan by China and the U.S. to get trade negotiations back on track left investors feeling underwhelmed. Inflation data later in the morning could [te

U.S. stocks closed lower as investors assessed little progress on trade talks, after jumping in the morning on a cooler-than-expected inflation reading. The Dow Jones Industrial Average fell 1 point to close at 42,865.77, while the S&P 500 Index lost 16.51 points to settle at 6,022.30. The Nasdaq Composite was down 99.11 points, 0.5%, to 19,615.88

U.S. stock futures have already pared about half of their overnight drop as some of the initial reaction seen across global markets has started to unwind. Oil prices have come off their highs after spiking 14%.

U.S. stocks looked set for losses on Thursday after President Donald Trump said he would set unilateral tariff rates within the next week or two, stoking fears about trade tensions after a spell of relative calm.

Trump’s tariffs and the latest trade deal with China continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

U.S. stock futures have trimmed their losses on Thursday following the latest batch of U.S. economic data, although they continued to point to a weak open on Wall Street. Weakness in stocks overnight was driven by geopolitical tensions involving Iran and news of a plane crash in India.

Stock futures fell sharply early Thursday, pointing to a rocky open as Wall Street grapples with a tragic plane crash involving Dow component Boeing (BA) and digests a blockbuster earnings report from software giant Oracle (ORCL).

Trump’s tariffs and the latest trade deal with China continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.