NEW YORK (AP) - The U.S. stock market fell from its records and joined a worldwide drop for stocks after higher oil prices sent a shiver through the bond market. The S&P 500 fell 1.2% Friday from its all-time high. The Dow Jones Industrial Average dropped 1.1%, and the Nasdaq composite sank 1.5% from its own record.

When the U.S. Supreme Court hears arguments on the Trump administration’s plans to stop shielding Haitians and Syrians from deportation, people from more than dozen other countries will pay close attention, perhaps none more than an estimated 200,000 from El Salvador.

Recent comments by U.S. President Donald Trump that arms sales to Taiwan are a “very good negotiating chip” in the United States’ dealings with China are heightening anxieties on the island democracy that Beijing claims as its own. Trump made the comment in a Fox News interview with Bret Baier.

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.

WASHINGTON (AP) – President Donald Trump returned from the spectacle of a Chinese state visit to a less than welcoming U.S. economy – with the military band and garden tour in Beijing giving way to pressure over how to fix America’s escalating inflation rate.

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.

Excerpts from recent editorials in the United States and abroad:

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.