NEW YORK (AP) — The U.S. stock market is drifting around its record heights on Thursday, as Wall Street sifts through mixed developments on everything from the U.S.-China trade war to profits for Big Tech behemoths.

The S&P 500 slipped 0.4% and edged a bit further from its all-time high set on Tuesday. The Dow Jones Industrial Average was up 179 points, or 0.4%, as of 12:54 p.m. Eastern time. The Nasdaq composite fell 0.9% from its record set the day before.

Stocks were also mixed in Europe and Asia, coming off a much anticipated meeting between the leaders of the world’s two largest economies. U.S. President Donald Trump hailed his talk with China’s leader, Xi Jinping, as a “12” on a scale of zero to 10, and Trump said he would cut tariffs on China. But while the talks may offer some st

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