European NATO allies are concerned that the U.S. might

last summer, fell 5.8% despite reporting a stronger profit for the latest quarter than analysts expected. Its revenue fell just short of Wall Street’s target, as did its forecast for revenue in the current quarter.All told, the S&P 500 added 0.44 to 5,970.81 points. The Dow Jones Industrial Average fell 91.90 to 42,427.74, and the Nasdaq composite added 61.53 to 19,460.49.

In stock markets abroad, indexes rose across much of Europe and Asia as the wait continued for more updates on trade talks that could convince Trump to lower his tariffs. Hopes for such deals have been a big reason U.S. stocks have roared back after falling roughly 20% below their record two months ago.But nothing is assured, and Trump early Wednesday said of China’s leader Xi Jinping, “I like President XI of China, always have, and always will, but he is VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH!!!”The European Union’s top trade negotiator, Maroš Šefčovič,

, U.S. Trade Representative Jamieson Greer, on the sidelines of a meeting of the Organisation for Economic Cooperation and Development.In the bond market, the yield on the 10-year Treasury fell to 4.35% from 4.46% late Tuesday. The two-year Treasury yield, which more closely tracks traders’ expectations for what the Fed will do with overnight interest rates, eased to 3.86% from 3.96%.

AP Business Writers Matt Ott and Elaine Kurtenbach contributed.

MOGADORE, Ohio (AP) — The iconic Goodyear airships are taking a victory lap over the skies of an Ohio city this week.The cutbacks have intensified worries among economists that government spending cuts could degrade the federal government’s ability to compile key economic data on employment, prices, and the broader economy. The BLS also

that it will no longer collect wholesale prices in about 350 categories for its Producer Price Index, a measure of price changes before they reach the consumer.The inflation data plays a huge role in the U.S. economy. It is used to calculate the annual cost of living adjustments for tens of millions of Social Security recipients and it helps determine the interest rate paid in about $2 trillion of inflation-adjusted Treasury bonds. Many private-sector wages are also influenced by the CPI.

The reduced data collection is also occurring at a time of heightened uncertainty about the economy and the impact of Trump’s sweepingon hiring, growth and inflation. Officials at the Federal Reserve, for example, have repeatedly cited the cloudy outlook as a key reason they are no longer cutting their short-term interest rate, after reducing it three times late last year.