Asian stocks were mostly up Friday on the back of a near-record rally on U.S. stocks, as investors paid little attention to U.S. President Donald Trump’s latest tariff threats. Hong Kong’s Hang Seng index surged 3.

Rising instability among some of the biggest US stocks is driving a measure of single-stock “fragility” to record levels, with the market increasingly vulnerable to whipsaw patterns among clusters of shares such as occurred in the dot-com bubble of the late 1990s.

Wall Street edged back from its all-time high on Friday, as U.S. stock indexes drifted following mixed profit reports from big companies. The S&P 500 barely budged and slipped by less than 0.1%, a day after rallying within 0.

Wall Street fell short of a record following mixed profit reports from big companies. The S&P 500 ended essentially flat Friday, a day after rallying within 0.1% of its all-time

Wall Street is taking a pause after running to the brink of a record following some mixed profit reports from big U.S. companies. The S&P 500 was flat in early trading Friday and hovering around the all-time high it set last month.