Power provider PG&E lost another one-fourth of its value as concerns mounted over whether it could sustain losses related to California’s devastating Camp Fire.
The British pound fell and British bank stocks plunged after two Cabinet ministers quit, throwing the country’s plans for leaving the European Union into turmoil. The disarray is raising questions over London’s future as a financial center.
The S&P 500 rose 2 points, or 0.1 percent, to 2,703.
The Dow Jones Industrial Average edged down 48 points, or 0.2 percent, to 25,038. The Nasdaq rose 39 points, or 0.6 percent, to 7,176.