NEW YORK (AP) — The U.S. stock market is steadying, at least for now. The S&P 500 was near breakeven in early trading Friday. The Dow Jones Industrial Average rose 148 points, and the Nasdaq composite slipped 0.1%. Bank stocks rose after several reported stronger profit for the latest quarter than analysts expected. That helped steady the group, a day after stocks across the industry tumbled on worries about potentially bad loans. Stocks have been erratic this week, with big swings after President Donald Trump threatened higher tariffs on China last week. Trump told Fox Business Friday, though, that such high tariffs were not sustainable.

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.

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