Stocks fluctuated over the course of the trading session on Friday but largely maintained a positive bias before ending the day mostly higher. The Dow led the way higher, although all three major averages ended the day at new record closing highs.
After recovering from initial weakness to end the previous session mostly higher, stocks have fluctuated over the course of the trading day on Friday. The Nasdaq and the S&P 500 are seeing some volatility on the day, although the narrower Dow has shown a notable move to the upside. Currently, the major averages are all in positive territory.
Friday, Lanvin Group Holdings Limited (LANV) announced that its couture house in Paris, Maison Lanvin, has appointed Barbara Werschine as Chief Executive Officer. Most recently, Werschine served as CEO of Eric Bompard, where she successfully modernized the brand and optimized its financial performance. Upon...
A report released by MNI Indicators on Friday showed its reading on Chicago-area business activity soared to its highest level in over four years in the month of May. MNI Indicators said its Chicago business barometer spiked to 62.7 in May from 49.2 in April, with a reading above 50 indicating growth. Economists had expected the index to rise to 51.2.
Dizal (688192.SS) announced the results from the phase 3 WU-KONG28 study showing that ZEGFROVY monotherapy demonstrated superior anti-tumor efficacy, compared to platinum-doublet chemotherapy, in untreated NSCLC patients with EGFR exon 20 insertion mutations. Xiaolin Zhang, CEO of Dizal, said: "WU-KONG28...
The Bank Of Nova Scotia (BNS, BNS.TO) said on Friday that it has inked a deal to acquire Maple Financial Holdings, Inc., parent company to MapleMark Bank. Travis Machen, CEO and Group Head, Global Banking and Markets, Scotiabank, said: "Our acquisition of MapleMark Bank allows Scotiabank to offer...
Johnson & Johnson (JNJ) on Friday reported new positive results from the Phase 3 MajesTEC-9 study evaluating TECVAYLI in patients with relapsed or refractory multiple myeloma treated as early as second line. The study showed that treatment with TECVAYLI reduced the risk of disease progression or death...
Friday, AbbVie Inc. (ABBV) announced that the European Commission has authorized an expanded label for VENCLYXTO to include use in combination with acalabrutinib and use in combination with ibrutinib for the treatment of adult patients with previously untreated chronic lymphocytic leukemia. The expanded...
Following the advance seen over the course of the previous session, stocks may see further upside in early trading on Friday. The major index futures are currently pointing to a slightly higher open for the markets, with the S&P 500 futures up by 0.1 percent. Persistent optimism about a potential...
CoStar Group (CSGP), a provider of online real estate marketplaces said on Friday it agreed to buy Zonda, a provider of new home construction data and marketplaces, for $800 million in cash. The deal is expected to close in the second half of 2026 and be accretive to adjusted earnings per share in...
The European Commission has said that it has advanced EURO 90 bln laon for Ukraine to meet its urgent budgetary and defense needs as Russia has intensified attacks on the country. It covers two thirds of Ukraine's overall financing and defence needs for 2026 and 2027. This week, the Commission...
U.S. Transportation Secretary Sean P. Duffy announced that the Federal Aviation Administration will invest more than $523 million in airports nationwide to modernize infrastructure, improve safety and deliver a more efficient travel experience. The Department delivered 332 grants to airports in 43...
The world is heading into another period of dangerous heat, and it's nearly certain global temperatures over the next five years will stay "at or near record levels" as climate change accelerates across land and sea, a new UN report warns. A report produced by the UK Met Office and released on Thursday by the World Meteorological Organization said there is an 86 per cent chance that at least one
Pfizer Inc. (PFE) on Friday reported seven-year follow-up results from the Phase 3 CROWN trial showing that LORBRENA significantly improved progression-free survival compared with XALKORI in patients with previously untreated ALK-positive advanced or metastatic non-small cell lung cancer. At seven...
Tempus AI (TEM) announced the FDA has granted approval for a tumor-only indication for its xT CDx next-generation sequencing platform. The company noted that, with the expanded label, Tempus is the first laboratory to hold FDA companion diagnostic approval for both tumor-only and tumor-normal comprehensive...
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.