U.S. stocks declined Friday as rising crude prices fueled global inflation fears, pushing Treasury yields higher and making equities less attractive. The Trump-Xi summit yielded few results, while Jerome Powell's tenure as Fed chair concluded amidst concerns about sticky inflation and potential rate hikes. Energy shares saw gains, but the broader market retreated from AI-driven highs.

Prominent U.S. executives from Big Tech and other industries will join Trump on his trip to China.

US stocks advanced with the S&P 500 and Nasdaq hitting record closing highs as AI-linked tech and chip stocks powered gains despite hotter inflation data. Producer prices surged,…

U.S. stocks pulled back from record highs as rising crude oil prices and surging Treasury yields triggered fresh inflation concerns. The selloff hit AI-driven tech stocks hardest,…