Stock Market Today: Dow Edges Higher Despite Growing Rift With China

The Dow and other major indices eked out gains Wednesday despite new wrinkles in U.S.-China relations; Tesla (TSLA) surges in after-hours action.

(Image credit: Getty Images)

The broader markets scored marginal gains Wednesday as several potential headwinds swirled but failed to fully crack investor optimism.

U.S.-China tensions are ratcheting up again, for one. China's Foreign Ministry decried an "unprecedented escalation" Wednesday, claiming the U.S. ordered it to shut its Houston consulate – a day after the Department of Justice charged two Chinese hackers with probing American companies for coronavirus research and stealing trade secrets.

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Kyle Woodley was long WORK as of this writing.

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Kyle Woodley

Kyle Woodley is the Editor-in-Chief of WealthUp, a site dedicated to improving the personal finances and financial literacy of people of all ages. He also writes the weekly The Weekend Tea newsletter, which covers both news and analysis about spending, saving, investing, the economy and more.

Kyle was previously the Senior Investing Editor for Kiplinger.com, and the Managing Editor for InvestorPlace.com before that. His work has appeared in several outlets, including Yahoo! Finance, MSN Money, Barchart, The Globe & Mail and the Nasdaq. He also has appeared as a guest on Fox Business Network and Money Radio, among other shows and podcasts, and he has been quoted in several outlets, including MarketWatch, Vice and Univision. He is a proud graduate of The Ohio State University, where he earned a BA in journalism. 

You can check out his thoughts on the markets (and more) at @KyleWoodley.