Stocks have shown a lack of direction over the course of the trading day on Friday, with the major averages bouncing back and forth across the unchanged line after closing higher for five consecutive sessions. Currently, the major averages are narrowly mixed.
In a holiday-shortened week, the biotech sector saw a wave of FDA approvals, strategic acquisitions, and key clinical trial readouts - alongside several setbacks that shaped the sector's outlook. - Regulatory approvals led the week, with multiple FDA, Japanese and Chinese clearances across several...
After trending higher over the past several sessions, stocks may show a lack of direction in early trading on Friday. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures up by less than a tenth of a percent. Many traders are likely to remain...
Subdued futures point to a flat or slightly negative start for U.S. stocks on Friday. After a truncated session on Wednesday and a holiday on Thursday, trading will be on for a full session on Friday. Activity is unlikely to be any significantly hectic as traders may continue to stay on the sidelines amid a lack of fresh data.
A federal judge has blocked Texas from enforcing a new law that would have required companies running app stores, including Apple and Google, to verify users' ages and obtain parental consent for minors
The Antitrust Division of the U.S. Justice Department has put forward a proposed consent decree to address allegations against LivCor, LLC, which is part of a portfolio managed by Blackstone.
Italy's competition authority has told Meta to pause a rule that stops companies from using WhatsApp's business tools to roll out their own AI chatbots on the platform.
Researchers from the University of Technology Sydney tested whether vitamin C could protect lung tissue from air pollution damage. Led by Professor Brian Oliver from UTS's School of Life Sciences and the Woolcock Institute of Medical Research, the study did experiments on male mice and lab-grown...
Stocks showed a lack of direction early in the session but moved mostly higher over the course of the trading day on Wednesday. The major averages extended their winning streak to five days, with the Dow and the S&P 500 reaching new record closing highs. The major averages finished the day just off...
In a first-of-its-kind study, philosophers Joel Krueger and Lucy Osler from the University of Exeter explored whether AI chatbots gossip among themselves about the users. The topic about AI gossip first came to limelight when Microsoft's Bing chatbot, known as Sydney, told New York Times tech reporter...
After trending higher over the past several day, stocks are turning in a lackluster performance during trading on Wednesday. The major averages are showing only modest moves on the day after closing higher for four straight sessions. Currently, the major averages are narrowly mixed. While the Nasdaq...
The Labor Department released a report on Wednesday showing first-time claims for U.S. unemployment benefits fell by more than expected in the week ended December 20th. The report said initial jobless claims dipped to 214,000, a decrease of 10,000 from the previous week's unrevised level of 224,000. Economists had expected jobless claims to edge down to 223,000.
Report on weekly jobless claims might be on spotlight on Wednesday. Activities are likely to be subdued ahead of the Christmas Day holiday on Thursday. Initial signs from the U.S. Futures Index suggest that Wall Street might open marginally lower. Asian shares finished mostly up, while European...
Mercedes-Benz USA and parent company Daimer AG have agreed to pay $149.6 million to settle allegations that the automaker secretly installed devices in hundreds of thousands of vehicles to pass emission tests, a coalition of attorneys general announced Monday.
A senior Amazon executive has revealed that the company has blocked more than 1,800 job applications believed to be linked to North Korean agents attempting to infiltrate the US tech workforce
December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.