Suárez to Mariners, Durán to Phillies as MLB trade market heats up before Thursday's deadline

The Seattle Mariners acquired slugger Eugenio Suárez, the Philadelphia Phillies dealt for hard-throwing reliever Jhoan Durán and identical twin relievers Tyler and Taylor Rogers got traded on the same day, capping a busy Wednesday as the Major League Baseball trade deadline approaches on Thursday.

Suárez — who had 36 homers and 87 RBIs this season for the Arizona Diamondbacks — was widely considered one of the top prizes of the trade deadline. A person familiar with the transaction confirmed it to The Associated Press, speaking on condition of anonymity because it had not been announced.

The 34-year-old Suárez spent the 2022 and 2023 seasons with the Mariners, hitting 53 homers.

The 27-year-old Durán has a 2.01 ERA and 16 saves this season, striking out 53 over 49 1/3 innings for the Minnesota Twins. The Phillies gave up two top prospects, catcher Eduardo Tait and right-hander Mick Abel.

Tyler Rogers and Ryan Helsley are headed to the New York Mets, who are fighting for first place in the NL East with the Phillies. The accomplished relievers join Edwin Díaz in the bullpen to give the Mets multiple late-inning options.

The durable Rogers — who has a distinctive submarine delivery — has made 53 appearances this season with a 1.80 ERA, four walks and 38 strikeouts for the San Francisco Giants. The Mets sent the Giants right-handers José Buttó and Blade Tidwell, along with outfielder Drew Gilbert.

Helsley has a 3.00 ERA, 21 saves and 41 strikeouts over 36 innings this year for the St. Louis Cardinals, where he's spent the past seven seasons. New York dealt St. Louis three minor leaguers, including infielder Jesus Baez and right-handers Nate Dohm and Frank Elissalt.

Even after Suarez was dealt, many of the trade deadline's biggest names remained on the market, setting up a potentially fascinating 24 hours.

Pittsburgh right-hander Mitch Keller and Cleveland outfielder Steven Kwan were among the potential season-altering additions that teams were pursuing ahead of Thursday's 6 p.m. EDT deadline.

In other moves Wednesday, the New York Yankees added veteran outfielder Austin Slater, the Cincinnati Reds acquired Gold Glove third baseman Ke'Bryan Hayes and the Chicago Cubs traded for right-handed starter Michael Soroka.

The 32-year-old Slater gives the Yankees a dependable right-handed batter for the final two months of the season. He's hit .236 with five homers and 11 RBIs in 51 games with the White Sox this season and has an .859 OPS against left-handed pitching.

The White Sox acquired minor league pitching prospect Gage Ziehl in the trade.

The Reds acquired Hayes from the Pirates in exchange for Taylor Rogers, who unlike his brother throws lefty — and overhand. Pittsburgh also got shortstop prospect Sammy Stafura and cash from Cincinnati.

The swap gives the Reds an elite defender at third with a manageable contract. The 28-year-old Hayes, a Gold Glove winner in 2023, has four-plus years left on the extension he signed with Pittsburgh in 2022.

He will make $7 million in 2026 and 2027 and $8 million in 2028 and 2029, with a club option for $12 million in 2030. He's hitting .236 with two home runs and 36 RBIs this season.

The 27-year-old Soroka is off to Chicago, a person familiar with the deal told The Associated Press. He was an All-Star in 2019 and has 3-8 record with a 4.87 ERA for the Washington Nationals this season.

Washington received two minor leaguers — infielder Ronny Cruz and outfielder Christian Franklin.

Suárez returned to the Diamondbacks' lineup on Wednesday and went 1 for 4, two days after an injury scare. The slugger was hit on the right index finger by a pitch against the Detroit Tigers on Monday.

The D-backs have turned into sellers at the deadline after dropping eight of their last nine games and falling to 51-58. Right-handed pitchers Merrill Kelly and Zac Gallen are among the other Arizona players who could be dealt.

In other moves on Wednesday:

— The Red Sox acquired lefty Steven Matz from the St. Louis Cardinals in exchange for minor league first baseman Blaze Jordan.

— The Reds traded for right-hander Zach Littell from the Tampa Bay Rays in a three-way deal involving the Los Angeles Dodgers and Tampa Bay Rays.

— The Los Angeles Angels acquired relievers Andrew Chafin and Luis García from the Nationals for left-hander Jake Eder and minor league first baseman Sam Brown.

— The Atlanta Braves acquired veteran reliever Tyler Kinley from the Colorado Rockies for minor league pitcher Austin Smith.

— The Seattle Mariners agreed to add left-handed reliever Caleb Ferguson from the Pittsburgh Pirates, giving their bullpen another arm as they make a playoff push. The Pirates received right-handed pitching prospect Jeter Martinez.

AP Baseball Writers Jay Cohen and Mike Fitzpatrick, and AP Sports Writers Will Graves, Ben Nuckols and Greg Beacham, contributed to this report.

AP MLB: https://apnews.com/hub/mlb

Arizona Diamondbacks designated hitter Eugenio Suarez runs back to the dugout after flying out to Detroit Tigers right fielder Kerry Carpenter during the second inning of a baseball game, Wednesday, July 30, 2025, in Detroit. (AP Photo/Ryan Sun)

Washington Nationals pitcher Andrew Chafin throws during the sixth inning of a baseball game against the Cincinnati Reds in Washington, Monday, July 21, 2025. (AP Photo/Terrance Williams)

Pittsburgh Pirates third baseman Ke'Bryan Hayes catches a line drive hit by San Francisco Giants' Wilmer Flores during the fourth inning of a baseball game Tuesday, July 29, 2025, in San Francisco. (AP Photo/Godofredo A. Vásquez)

Minnesota Twins relief pitcher Jhoan Duran throws a pitch during the ninth inning of a baseball game against the Los Angeles Dodgers Tuesday, July 22, 2025, in Los Angeles. (AP Photo/Eric Thayer)

NEW YORK (AP) — Oil prices rose Monday following the latest fighting to threaten the U.S.-Iran ceasefire, but Wall Street isn’t very worried, and U.S. stocks ticked to more records.

The S&P 500 added 0.3% to its prior all-time high set on Friday. The Dow Jones Industrial Average rose 46 points, or 0.1%, and the Nasdaq composite climbed 0.4% to likewise set records.

A slight majority of U.S. stocks actually fell, including companies with big fuel bills hurt by higher oil prices. United Airlines lost 2.6%, and Alaska Air Group fell 3.3% after the price for a barrel of Brent crude oil climbed 4.2% to settle at $94.98. That clawed back a chunk of Brent’s loss from last week and means it’s still well above its price of roughly $70 from before the war.

Expensive oil has already sent inflation higher, which increases not only bills for households but also yields in the bond market. High yields worldwide recently have threatened to slow economies and undercut prices for stocks and all kinds of other investments.

But yields regressed during the day after oil prices came off their highest levels. That eased some of the pressure on Wall Street, and the Russell 2000 index of the smallest U.S. stocks went from a loss of 1.3% back to roughly even before finishing with a dip of 0.5%. Small companies can feel the pinch of higher borrowing costs in particular because of the need for many to borrow to grow.

Hope, meanwhile, seems to remain on Wall Street that the United States and Iran will ultimately reach an agreement to reopen the Strait of Hormuz, allow deliveries of oil to resume from the Persian Gulf and ease the upward pressure on inflation.

Strength from several market heavyweights also helped to power Wall Street.

Nvidia was the strongest force lifting the market and rose 6.2% after CEO Jensen Huang announced several product updates at a conference. What Nvidia does matters immensely for the U.S. stock market because it’s the biggest in terms of overall market value. That means the movements for its stock carry more weight on the S&P 500 than any other’s.

And Wall Street’s biggest companies have been growing so much that they’re dominating the market. The top 10 stocks control nearly half the S&P 500’s total market value, a 40-year high, according to Thomas Carroll, equity market strategist at Stifel.

That worked well as Big Tech stocks shot higher thanks to exuberance around artificial intelligence. But it could also weigh on the index if the market’s leadership broadens, Carroll warns. Even if most stocks end up rising in such a rotation, stagnation or declines for Big Tech heavyweights could drag on S&P 500 index funds.

A key indicator Carroll follows about market breadth “is signaling a rotation is coming,” he wrote in a report.

Elsewhere on Wall Street, Science Applications International Corp. jumped 10.4% after becoming the latest U.S. company to report bigger profit for the latest quarter than analysts expected. SAIC also raised forecasts for upcoming financial results.

A cavalcade of such better-than-expected profit reports has helped the U.S. stock market push to records despite the uncertainty created by the war with Iran.

Berkshire Hathaway fell 0.9% after saying it would buy homebuilder Taylor Morrison Home for $6.8 billion. It’s one of the first big acquisitions announced by the company since Greg Abel took over as its leader from famed investor Warren Buffett. Taylor Morrison Home jumped 22.3%.

MGM Resorts International leaped 16.1% after People Inc., Barry Diller’s business that was formerly known as IAC, offered to buy the rest of the company it doesn’t already own for $48.30 per share in cash.

All told, the S&P 500 rose 19.90 points to 7,599.96. The Dow Jones Industrial Average added 46.42 to 51,078.88, and the Nasdaq composite rose 114.19 to 27,086.81.

In the bond market, Treasury yields climbed with oil prices and after a report said growth in U.S. manufacturing accelerated by more last month than economists expected. The yield for the 10-year Treasury briefly approached 4.52% before regressing to 4.46%, up from 4.45% late Friday.

High yields have already forced the average long-term U.S. mortgage rate to its most expensive level in nine months, and they could curtail companies’ borrowing to build the AI data centers that have supported the U.S. economy’s growth recently.

In stock markets abroad, indexes fell in Europe following a stronger finish in Asia.

Tokyo’s Nikkei 225 rose 0.9% to an all-time high. SoftBank Group, the investment company that focuses heavily on AI, soared 21.2% and surpassed Toyota to become Japan’s most valuable listed company.

In South Korea, the Kospi index jumped 3.7% to a record after data showed the country’s exports surged 53% in May from a year earlier, buoyed by global demand for semiconductors.

AP Business Writers Chan Ho-him and Matt Ott contributed.

Trader Edward Curran works on the floor of the New York Stock Exchange, Monday, June 1, 2026. (AP Photo/Richard Drew)

Specialists Philip Finale, left, and Meric Greenbaum work on the floor of the New York Stock Exchange, Friday, May 29, 2026. (AP Photo/Richard Drew)

Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Monday, June 1, 2026. (AP Photo/Ahn Young-joon)

Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Monday, June 1, 2026. (AP Photo/Ahn Young-joon)

A currency trader talks on the phone at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Monday, June 1, 2026. (AP Photo/Ahn Young-joon)