Famed Mexican boxer Julio César Chávez Jr. has been arrested and will be deported to Mexico, where he faces organized crime charges, federal officials said.
Here's a look at the high and lows of the career of the boxing legend’s son.
Click to Gallery
FILE - Julio Cesar Chavez, Jr., center, of Mexico poses with his belt along with his father Julio Cesar Chavez, Sr., right, and referee Jack Reiss after defeating Sebastian Zbik of Germany after their WBC World Middleweight title boxing match, in Los Angeles, June 4, 2011. (AP Photo/Richard Vogel, File)
FILE - Julio Cesar Chavez Jr., right, of Mexico, talks with his father, legendary boxer Julio Cesar Chavez, left, at a news conference to promote his upcoming middleweight championship boxing match with Sergio Martinez, of Argentina, in Los Angeles, July 10, 2012. (AP Photo/Reed Saxon, File)
FILE - Mexican boxer Julio Cesar Chavez Jr. top, celebates with his team after defeating with U.S. Jose Celaya during their Continental Americas super welterweight title fight of the World Boxing Council (WBC) in Leon, Mexico, Feb. 9, 2008. (AP Photo/Mario Armas, File)
FILE - Julio Cesar Chavez, left, of Mexico kisses his son, Julio Jr., during a weigh-in at the Staples Center in Los Angeles, May 27, 2005. (AP Photo/Kevork Djansezian, File)
FILE - Boxer Julio Cesar Chavez Jr., left, has his hand taped by trainer Freddie Roach before a media workout in Los Angeles, May 18, 2011. (AP Photo/Jae C. Hong, File)
FILE - Julio Cesar Chavez, Jr., center, of Mexico poses with his belt along with his father Julio Cesar Chavez, Sr., right, and referee Jack Reiss after defeating Sebastian Zbik of Germany after their WBC World Middleweight title boxing match, in Los Angeles, June 4, 2011. (AP Photo/Richard Vogel, File)
FILE - Sebastian Zbik of Germany connects with Julio Cesar Chavez, Jr. of Mexico during their WBC World Middleweight title boxing match, in Los Angeles, June 4, 2011. Chavez, Jr. won by majority decision. (AP Photo/Mark J. Terrill, File)
FILE - Mexican boxer Julio Cesar Chavez Jr. takes part in a press conference in Mexico City,Feb. 20, 2017. (AP Photo/Marco Ugarte)
FILE - Canelo Alvarez, of Mexico, right, celebrates after defeating Julio Cesar Chavez Jr., of Mexico, in a catch weight boxing match in Las Vegas, May 6, 2017. (AP Photo/John Locher, File)
FILE - Julio Cesar Chavez Jr., right, of Mexico, talks with his father, legendary boxer Julio Cesar Chavez, left, at a news conference to promote his upcoming middleweight championship boxing match with Sergio Martinez, of Argentina, in Los Angeles, July 10, 2012. (AP Photo/Reed Saxon, File)
FILE - Julio Cesar Chavez Jr., right, lands a punch against Sergio Martinez during the WBC middleweight title fight, in Las Vegas, Sept. 15, 2012. Martinez won by unanimous decision. (AP Photo/Julie Jacobson, File)
FILE - Julio Cesar Chavez Jr. enters the ring before fighting Sergio Martinez for the WBC middleweight title fight, in Las Vegas, Sept. 15, 2012. (AP Photo/Julie Jacobson, File)
FILE - Julio Cesar Chavez Jr. attends a news conference in Las Vegas, May 3, 2017. (AP Photo/John Locher, File)
FILE - Canelo Alvarez, right, of Mexico, hits Julio Cesar Chavez Jr., of Mexico, during their catch weight boxing match, in Las Vegas, May 6, 2017. (AP Photo/John Locher, File)
FILE - Julio Cesar Chavez Jr. poses for photographers during a weigh-in, in Las Vegas, May 5, 2017. (AP Photo/John Locher, File)
FILE - Julio Cesar Chavez Jr., left, throws a punch at Jake Paul during their cruiserweight boxing match, in Anaheim, Calif., June 28, 2025. (AP Photo/Etienne Laurent, File)
FILE - Jake Paul, front left, and Julio Cesar Chavez Jr., front right, pose for photographers following a ceremonial weigh-in ahead of their cruiserweight boxing match, in Anaheim, Calif., June 27, 2025. (AP Photo/Chris Pizzello, File)
FILE - Boxers Cesar Chavez Jr,, left, smiles towards his father Julio Cesar Chavez, Mexico's former world champion, during a boxing news conference at the Avalon Hollywood Theatre in Los Angeles, May 14, 2025. (AP Photo/Damian Dovarganes, File)
FILE - Julio Cesar Chavez Jr. arrives for his cruiserweight boxing match against Jake Paul, in Anaheim, Calif., June 28, 2025. (AP Photo/Etienne Laurent, File)
Before his bout with Jake Paul on June 28, Chávez had fought just once since 2021, having fallen to innumerable lows during a lengthy boxing career conducted in the shadow of his father, Julio César Chávez, one of the most beloved athletes in Mexican history and a member of the International Boxing Hall of Fame who won championships in several weight classes.
This is a photo gallery curated by AP photo editors.
FILE - Mexican boxer Julio Cesar Chavez Jr. top, celebates with his team after defeating with U.S. Jose Celaya during their Continental Americas super welterweight title fight of the World Boxing Council (WBC) in Leon, Mexico, Feb. 9, 2008. (AP Photo/Mario Armas, File)
FILE - Julio Cesar Chavez, left, of Mexico kisses his son, Julio Jr., during a weigh-in at the Staples Center in Los Angeles, May 27, 2005. (AP Photo/Kevork Djansezian, File)
FILE - Boxer Julio Cesar Chavez Jr., left, has his hand taped by trainer Freddie Roach before a media workout in Los Angeles, May 18, 2011. (AP Photo/Jae C. Hong, File)
FILE - Julio Cesar Chavez, Jr., center, of Mexico poses with his belt along with his father Julio Cesar Chavez, Sr., right, and referee Jack Reiss after defeating Sebastian Zbik of Germany after their WBC World Middleweight title boxing match, in Los Angeles, June 4, 2011. (AP Photo/Richard Vogel, File)
FILE - Sebastian Zbik of Germany connects with Julio Cesar Chavez, Jr. of Mexico during their WBC World Middleweight title boxing match, in Los Angeles, June 4, 2011. Chavez, Jr. won by majority decision. (AP Photo/Mark J. Terrill, File)
FILE - Mexican boxer Julio Cesar Chavez Jr. takes part in a press conference in Mexico City,Feb. 20, 2017. (AP Photo/Marco Ugarte)
FILE - Canelo Alvarez, of Mexico, right, celebrates after defeating Julio Cesar Chavez Jr., of Mexico, in a catch weight boxing match in Las Vegas, May 6, 2017. (AP Photo/John Locher, File)
FILE - Julio Cesar Chavez Jr., right, of Mexico, talks with his father, legendary boxer Julio Cesar Chavez, left, at a news conference to promote his upcoming middleweight championship boxing match with Sergio Martinez, of Argentina, in Los Angeles, July 10, 2012. (AP Photo/Reed Saxon, File)
FILE - Julio Cesar Chavez Jr., right, lands a punch against Sergio Martinez during the WBC middleweight title fight, in Las Vegas, Sept. 15, 2012. Martinez won by unanimous decision. (AP Photo/Julie Jacobson, File)
FILE - Julio Cesar Chavez Jr. enters the ring before fighting Sergio Martinez for the WBC middleweight title fight, in Las Vegas, Sept. 15, 2012. (AP Photo/Julie Jacobson, File)
FILE - Julio Cesar Chavez Jr. attends a news conference in Las Vegas, May 3, 2017. (AP Photo/John Locher, File)
FILE - Canelo Alvarez, right, of Mexico, hits Julio Cesar Chavez Jr., of Mexico, during their catch weight boxing match, in Las Vegas, May 6, 2017. (AP Photo/John Locher, File)
FILE - Julio Cesar Chavez Jr. poses for photographers during a weigh-in, in Las Vegas, May 5, 2017. (AP Photo/John Locher, File)
FILE - Julio Cesar Chavez Jr., left, throws a punch at Jake Paul during their cruiserweight boxing match, in Anaheim, Calif., June 28, 2025. (AP Photo/Etienne Laurent, File)
FILE - Jake Paul, front left, and Julio Cesar Chavez Jr., front right, pose for photographers following a ceremonial weigh-in ahead of their cruiserweight boxing match, in Anaheim, Calif., June 27, 2025. (AP Photo/Chris Pizzello, File)
FILE - Boxers Cesar Chavez Jr,, left, smiles towards his father Julio Cesar Chavez, Mexico's former world champion, during a boxing news conference at the Avalon Hollywood Theatre in Los Angeles, May 14, 2025. (AP Photo/Damian Dovarganes, File)
FILE - Julio Cesar Chavez Jr. arrives for his cruiserweight boxing match against Jake Paul, in Anaheim, Calif., June 28, 2025. (AP Photo/Etienne Laurent, File)
NEW YORK (AP) — U.S. stocks are hanging near their records Wednesday as oil prices fall and ease the pressure on households and businesses worldwide.
The S&P 500 slipped 0.1% below its all-time high set the day before. The Dow Jones Industrial Average was up 183 points, or 0.4%, as of 12:56 p.m. Eastern time, and the Nasdaq composite was 0.1% lower.
Stocks of companies with big fuel bills helped lead the way on hopes that lower oil prices will remove a big drag on their profits. Norwegian Cruise Line Holdings climbed 5.7%, and United Airlines rallied 7.3%. Delta Air Lines rose 3.7% and is on track to set an all-time high.
The price for a barrel of Brent crude oil fell 4.1% to $95.48 after the ceasefire between the United States and Iran appeared to hold despite the U.S. military launching what it called “self-defense” strikes in southern Iran. A barrel of benchmark U.S. crude fell even more, 4.2%, to $89.69 on hopes that the United States and Iran can reach an agreement to reopen the Strait of Hormuz and allow oil tankers to exit the Persian Gulf for deliveries again.
Stocks have been able to run to records despite the painful inflation and uncertainty caused by high oil prices largely because companies have reported surprisingly strong profits for the start of 2026, and the forecast is for them to continue.
Bath & Body Works rallied 11.2%, and Abercrombie & Fitch climbed 11.8% after both reported bigger profit for the latest quarter than analysts expected. That's even as U.S. consumers continue to say they're feeling discouraged about the economy and inflation.
Lululemon Athletica rose 3.6% after reaching a deal with its founder, Chip Wilson, where it will add a former chief marketing officer of ESPN and a former co-CEO of On to its board of directors.
On the losing side of Wall Street was Dick's Sporting Goods, which dropped 4.9% despite delivering a profit for the latest quarter that edged past expectations. Analysts pointed to how much profit it wrung out of each $1 in revenue, which some called a bit weak.
Oil-and-gas stocks also sank, hurt by the dropping prices for crude. Exxon Mobil fell 1.4%, and Chevron slipped 0.8%. Halliburton dropped 3% to bring its gain for the year so far back toward 40%.
In the bond market, Treasury yields eased after falling oil prices took pressure off inflation. The yield on the 10-year Treasury slipped to 4.48% from 4.50% late Tuesday and from 4.67% roughly a week ago.
It’s a respite following recent gains for yields in bond markets worldwide, which threatened to slow economies and undercut prices for stocks and all kinds of other investments. High yields have already forced the average long-term U.S. mortgage rate to its most expensive level since last summer, and they could curtail companies’ borrowing to build the artificial-intelligence data centers that have supported the U.S. economy’s growth recently.
In stock markets abroad, indexes were mixed across Europe and Asia. South Korea's Kospi was one of the world's best performers and jumped 2.3% after SK Hynix, which is a big beneficiary of the artificial-intelligence boom, soared 9.3%.
A day before, Micron Technology surged to become the latest Big Tech company to be worth more than $1 trillion on AI excitement. Its stock has more than tripled already in 2026, and analysts at UBS said Tuesday it could soar even more because of how fundamentally AI has improved demand for computer memory.
AP Business Writer Elaine Kurtenbach contributed to this report.
Trader Edward Curran, left, and specialist Meric Greenbaum, center, work on the floor of the New York Stock Exchange, Friday, May 22, 2026. (AP Photo/Richard Drew)
A person looks at an electronic stock board showing Japan's Nikkei index at a securities firm Monday, May 25, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
A dealer walks past near the screens showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, May 27, 2026. (AP Photo/Lee Jin-man)
A dealer walks past near the screens showing the foreign exchange rates at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, May 27, 2026. (AP Photo/Lee Jin-man)
A dealer walks past near the screens showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, May 27, 2026. (AP Photo/Lee Jin-man)
A dealer stands near the screens showing the Korea Composite Stock Price Index (KOSPI), the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, May 27, 2026. (AP Photo/Lee Jin-man)