NEW YORK — 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 0.2% and edged a bit further from its all-time high set on Tuesday. The Dow Jones Industrial Average was up 199 points, or 0.5%, as of 10 a.m. Eastern time. The Nasdaq composite fell 0.6% from its record set the day before.

Stocks also dipped in Europe, following a mixed finish in 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

See Full Page