NEW YORK (AP) - U.S. stocks ran up to the edge of another record. The S&P 500 rose 0.8% Thursday and is just 0.05% below its all-time closing high, which was set in February. The Dow Jones Industrial Average rallied 0.9%, and the Nasdaq gained 1%. Treasury yields eased in the bond market.

WASHINGTON (AP) – The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s trade wars disrupted business, the Commerce Department reported Thursday in an unexpected deterioration of earlier estimates.

DEIR AL-BALAH, Gaza Strip (AP) – An Israeli strike hit a street in central Gaza on Thursday where witnesses said a crowd of people was getting bags of flour from a Palestinian police unit that had confiscated the goods from gangs looting aid convoys. Hospital officials said 18 people were killed.