New York, Apr 10 (AP) US stocks are giving back some of their historic gains from the day before as Wall Street weighs a global trade war that has cooled in temperature but is still threatening the economy.

The S&P 500 was down 2.3 per cent early Thursday, a day after surging 9.5 per cent following President Donald Trump's decision to pause many of his tariffs worldwide.

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The Dow Jones Industrial Average was down 685 points, and the Nasdaq composite was down 2.9 per cent. Even a better-than-expected report on inflation wasn't enough to get stocks to add to their gains from the day before, including the S&P 500's third-best since 1940. (AP)

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