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Inflation worries are preying on investors as they weigh the outcomes of the Trump-Xi summit in China.

Inflation worries are preying on investors as they weigh the outcomes of the Trump-Xi summit in China.

Wall Street was split on Wednesday, with stocks charging higher while Treasuries sold off following another poor auction that saw the 30-year Treasury yield reach 5%. The Dow fell 0.1%. Stocks gained despite a high inflation reading: Wholesale energy prices climbed 7.8% in April from March.

Tech stocks looked set to rise on Wednesday as investors bought the dip ahead of President Donald Trump’s summit with China's premier Xi Jinping in Beijing. The three major indexes all slid on Tuesday after the April consumer price index report showed inflation picked up faster than expected last month. The market will be keeping a close eye on Trump’s trip to China, with the two leaders expected to discuss trade and the Iran war.

Focus is on the April wholesale inflation report in the wait for pdates on US-Iran talks and Trump's trip to China.

Intel, Micron, and a strong jobs report lifted the S&P 500 and Nasdaq-100 to fresh records. Here's what you need to know.

The S&P 500 and Nasdaq were chasing fresh highs on Friday after the unemployment rate held steady in April. The S&P was up 0.5%. The Nasdaq was up 0.6%. The Dow rose 220 points, or 0.4%. The S&P and Nasdaq were on pace for record closing highs.

Employers added 115,000 jobs last month, more than double the 55,000 economists had expected

Investors are taking overnight clashes in stride.