Stocks showed a lack of direction throughout the trading session on Friday as traders looked ahead to this weekend's elections in France. The major averages spent the day bouncing back and forth across the unchanged line.
As part of an ongoing effort to roll back financial regulations instituted under former President Barack Obama, President Donald Trump signed presidential memorandums on Friday ordering reviews of key provisions of the Dodd-Frank financial reform law. Trump described the reduction of regulations as the first step toward tax reform.
The U.S. Department of Agriculture's Food Safety and Inspection Service has announced that Request Foods Inc. is voluntarily recalling over 30,000 pounds of frozen burrito due to undeclared allergens.
Request Foods is recalling 6 oz. packages of Atkins-labeled chicken with cheese and bean burritos...
Looking to get an investigation into Russian meddling in last year's presidential election back on track, the House Intelligence Committee has sent letters inviting Trump and Obama administration officials to testify before the committee next month.
Hawaii's two Senators have struck back at Attorney General Jeff Sessions after the nation's top law enforcement officer criticized a federal judge from their state who blocked President Donald Trump's executive order on immigration.
After initially showing a lack of direction, stocks continue to turn in a lackluster performance in mid-day trading on Friday. The major averages have been bouncing back and forth across the unchanged line following the rally seen in the previous session.
Lawmakers were said to be making progress on a spending bill to prevent a government shutdown next week, but the White House has purportedly thrown a wrench into negotiations with a series of demands. The White House demands unveiled this week include providing funding for President Donald Trump's controversial border wall.
Stocks have shown a lack of direction over the course of morning trading on Friday following the strong upward move seen in the previous session. The major averages have spent the morning bouncing back and forth across the unchanged line.
A search has been launched for a dog that was placed aboard a wrong WestJet flight and ended up in Hamilton. The labradoodle named Cooper was mistakenly put on a flight to Hamilton and got off its leash in the Ontario city after it was taken out of its kennel by airline staff for a walk.
After reporting a bigger than expected drop in U.S. existing home sales in the previous month, the National Association of Realtors released a report on Friday showing that existing home sales rebounded to their highest level in ten years in March.
Network management services provider Real Matters Inc. has filed preliminary prospectus for initial public offering in Canada. The filing is done with Ontario Securities Commission. According to Bloomberg, the Canadian real estate data firm is planning to raise around C$125 million or $96 million.
Struggling women's apparel retailer Bebe Stores Inc. will close all its stores by the end of May 2017. In a filing with the Securities and Exchange Commission on Friday, Brisbane, California-based Bebe said it expects to incur an impairment charge of about $20 million as a result of the store closures.
As the French people prepare to head to the polls for the first round of voting in the country's presidential election on Sunday, U.S. President Donald Trump predicted that the outcome will be impacted by Thursday's apparent terrorist attack in Paris.
Eurozone private sector grew at the fastest pace in six years in April as firms boosted operating capacity to meet buoyant demand amid widespread optimism about future prospects despite political uncertainties. For the first time since 2012, growth in France surpassed Germany's expansion as output and new order growth softened in the latter.
Following the rally seen in the previous session, stocks could see some further upside in early trading on Friday. The major index futures are currently pointing to a slightly higher open for the markets, with the Dow futures up by 16 points.