Wall Street's stock indexes ended lower on Thursday in choppy trade as a slump in Tesla shares offset news of progress in tariff talks between U.S. President Donald Trump and Chinese leader Xi Jinping.

Trump’s tendency to back off of his most extreme threats recently inspired a Financial Times writer to coin the phrase “ TACO trade ,” for “Trump Always Chickens Out.” But regardless of his reversals,

U.S. stocks drifted higher and pulled closer to their record as the wait continues for more updates on President Donald Trump's tariffs and how much they're affecting the economy

REUTERS/Nathan Howard/File Photo (Reuters) -As President Donald Trump's sweeping tax-cut and spending bill heads to the Senate, analysts examine how his broad-ranging policies could turn the fortunes of U.

The nonpartisan Congressional Budget Office handed Republicans a major political talking point Wednesday, with projections that showed the possibility for President Donald Trump’s tariffs to bring in more federal revenue than will be lost by his giant tax-cut plan.

President Trump's sweeping tariff plan would cut deficits by $2.8 trillion over 10 years while shrinking the economy, the nonpartisan Congressional Budget Office said.