Stocks saw some volatility as Federal Reserve Chair Janet Yellen spoke at an event at Harvard University on Friday, but the major averages are currently all in positive territory as the trading day winds down.
A poll conducted ahead of President Barack Obama's historic visit to Hiroshima on Friday found that Americans are divided over the U.S. decision to drop atomic bombs on Japanese cities near the end of World War II.
Senator Marco Rubio, R-Fla., continues to say he will not run for re-election this year, but that has not stopped fellow Republicans from pushing him to get into the race. Presumptive Republican presidential nominee Donald Trump was the latest member of the GOP to urge Marco to run in a post on Twitter on Thursday.
After moving to the upside early in the session, stocks remain mostly positive in mid-day trading on Friday. With the gains on the day, the Nasdaq and the S&P 500 have once again reached their best intraday levels in a month.
Speaking at the site of the world's first atomic bombing in Hiroshima, Japan, U.S. President Barack Obama urged humanity to learn from the mistakes of the past in an effort to make war less likely and cruelty less easily accepted.
Stocks have moved moderately higher in morning trading on Friday after ending the previous session roughly flat. With the upward move, the Nasdaq and the S&P 500 have reached their best intraday levels in about a month.
Consumer sentiment in the U.S. improved by less than initially estimated in the month of May, according to a report released by the University of Michigan on Friday, although the consumer sentiment index remained at an eleven-month high.
While reporting a wider loss for the first quarter, Sears Holdings Corp. said it has decided to "aggressively evaluate" all potential alternatives for its top brands - Kenmore, Craftsman and DieHard or KCD, and the Sears Home Services or SHS businesses. Sears has retained Citigroup Global Markets and LionTree Advisors to assist in its efforts.
Microsoft and Facebook Thursday announced a joint plan to lay a new, state-of-the art subsea cable across the Atlantic. Microsoft and Facebook said the new MAREA —Spanish for "tide"— giant underwater cable will help meet the growing demand for high speed, reliable connections for cloud and online services for their customers. The parties have cleared conditions to go "Contract-In-Force" with th
While the Commerce Department released a report on Friday showing stronger than previously estimated U.S. economic growth in the first quarter, the pace of growth still reflects a significant slowdown. The report said the pace of growth in gross domestic product was upwardly revised to 0.8 percent.
After ending the previous session roughly flat, stocks may move to the upside in early trading on Friday. The major index futures are currently pointing to a modestly higher open for the markets, with the Dow futures up by 11 points.
Donald Trump has outlined his 'America First' energy plan while speaking at the Williston Basin Petroleum Conference in Bismarck, North Dakota, after clinching the GOP nomination for President of the United States Thursday. During his speech, Trump outlined a 100-day action plan, which according to him, will make America wealthy again. Trump said that under his administration, American energy d
Lab equipment maker Thermo Fisher Scientific Inc. has agreed to acquire electron microscope maker FEI Co. for about $4.2 billion in cash, the two companies said Friday. Thermo Fisher noted that FEI's electron microscopy platform will complement its own mass spectrometry systems to accelerate advancements in structural biology.
Early indications suggest that Wall Street stocks may open Friday's session modestly lower as commodities turn southward. Among the global markets, Asian stocks ended mostly higher amid the release of negative inflation data from Japan. The European markets are seeing volatility, although they are slightly...
Philips Lighting, the splinter group of Dutch consumer electronics giant Philips, saw its shares rally around 8.50 percent on its debut on Friday at the Amsterdam stock exchange. The shares are currently at 21.70 euros, above its set pricing of 20 euros per share.