BELEM, Brazil (AP) – The world’s climate leaders are conceding that Earth’s warming will shoot past a hard limit they set a decade ago in hopes of keeping the planet out of a danger zone. But they’re not conceding defeat.

NEW YORK (AP) - An early swoon shook the U.S. stock market, but it quickly calmed. After starting Friday with a sharp drop of 1.3%, the S&P 500 erased all of it before ending with a slight dip of 0.1%. The Nasdaq composite flipped to a gain of 0.1%, while the Dow Jones Industrial Average trimmed its loss to 309 points after earlier being down nearly 600 points.

GENEVA (AP) – Switzerland announced plans on Friday to invest $200 billion in the United States through 2028 as it finalized a hard-wrought deal to slash U.S. tariffs on Swiss goods. Economy Minister Guy Parmelin said the Trump administration has agreed to cut U.S. tariffs on most Swiss goods to 15% – the same level imposed on the neighboring European Union – from 39%, the highest rate on any Western country.