NEW YORK (AP) — U.S. stocks are holding near their records as companies like Dollar Tree, Snowflake and Hormel Foods keep piling up profits. That's even as oil prices claw back some of their sharp drops Thursday from earlier in the week and more reports show how the war with Iran is pressuring the economy. The S&P 500 slipped 0.1% in early trading, coming off its latest all-time high. The Dow Jones Industrial Average fell 328 points, and the Nasdaq composite was 0.2% lower. Both indexes also set records the day before. Brent crude rose 2%.
THIS IS A BREAKING NEWS UPDATE. AP's earlier story follows below.
World shares declined Thursday following more of what the U.S. military said were defensive strikes against Iran.
