NEW YORK (AP) - A reound for technology stocks led Wall Street to records, even though the majority of U.S. stocks fell following another discouraging update on inflation. The S&P 500 rose 0.6% Wednesday and topped its prior all-time high set early this week. The Dow Jones dipped 0.1%, and the Nasdaq climbed 1.2% to its own record.

PANAMA CITY (AP) – Businesses have doled out up as much as $4 million to move boats through the Panama Canal with the Strait of Hormuz effectively closed, according to the Panama Canal Authority, in a move that has created a seismic shift in global trade flows.

BEIJING (AP) – U.S. President Donald Trump arrived in Beijing on Wednesday for his hotly anticipated talks with Chinese President Xi Jinping on the Iran war, trade and U.S. arms sales to Taiwan. The meat of the summit doesn’t start until Thursday, when the leaders hold bilateral talks.

SAN SALVADOR (AP) – Prosecutors in El Salvador opened a massive, joint trial of nearly 500 alleged members of the MS-13 gang on charges that include homicide, extortion and arms trafficking.

LONDON (AP) – The irony wasn’t lost on anyone. On a day when the British government’s legislative plans were presented by no less than King Charles III himself, Prime Minister Keir Starmer was fighting to remain in power following rising discontent within his Labour Party.

MEXICO CITY (AP) – The U.S. government slapped sanctions Thursday on two sons of Nicaragua’s husband-and-wife copresidents, Daniel Ortega and Rosario Murillo, as well as other officials and companies tied to the country’s gold industry, saying they help prop up a repressive government.

Excerpts from recent editorials in the United States and abroad:

SAN SALVADOR (AP) – Salvadoran President Nayib Bukele on Wednesday signed into law constitutional reforms to permit life prison sentences for people as young as 12, a contentious reform that follows other heavy-handed measures pushed through by the populist leader.