With traders reluctant to make any significant moves going into the long weekend, stocks showed a lack of direction over the course of the trading day on Thursday. The major averages bounced back and forth across the unchanged line before closing roughly flat.
President Barack Obama traveled to Wisconsin on Thursday to tout his recently announced plan to provide more overtime pay for U.S. workers.
A majority of Americans see the Confederate flag as a symbol of Southern pride rather than a symbol of racism, according to the results of a CNN/ORC International poll, although most still say the flag should be removed from government property.
U.S. crude oil pared gains to end lower for a second straight session on Thursday, after data from Baker Hughes showed an increase in weekly oil rig count, following the jump in U.S. crude stockpiles last week.
For the week, crude oil futures plummeted about 4.5 percent.
Earlier, crude oil was...
The Justice Department has initiated a probe to find out if airlines are colluding to limit seating capacity in order to benefit from higher airfares.
Gold futures slipped for a third straight session to end at a more than three-month low on Thursday, on continued hopes for a deal in the Greek financial crisis. Nevertheless, the precious metal pared some of the losses after the dollar weakened on some disappointing economic data from the U.S. with...
Senate Minority Leader Harry Reid, D-Nev., touted Thursday's monthly jobs report as a sign of economic progress but said his Republican colleagues could be doing more to help American workers.
While selling pressure has remained subdued, stocks have moved modestly lower over the course of the trading day on Thursday. The pullback comes as traders are expressing some trepidation going into the long weekend.
Vermont Sen. Bernie Sanders, I-Vt., has seen a significant jump in support in the Iowa Democratic Caucus, according to the results of a Quinnipiac University poll, although he continues to trail front-runner Hillary Clinton.
British oil giant BP agreed Thursday to pay $18.7 billion to settle claims related to the worst offshore oil spill in the U.S. history. The US federal government and five states along the Gulf of Mexico were seeking compensation for the 2010 Deepwater Horizon disaster. The agreement also includes settlement of claims made by more than 400 local government entities.
Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud has pledged to give away his entire wealth amounting to $32 billion for charity. He said the fund will be utilized for cultural understanding, develop communities, empower women, enable youth, provide vital disaster relief and create a more tolerant and accepting world.
With traders reluctant to make any significant moves going into the long weekend, stocks are turning in a lackluster performance in early trading on Thursday. The major averages moved higher at the open but have pulled back near the unchanged line since then.
New orders for U.S. manufactured goods fell by much more than expected in the month of May, according to a report released by the Commerce Department on Thursday. The report said factory orders fell by 1.0 percent in May following a revised 0.7 percent decrease in April.
While the data was largely overshadowed by the release of the monthly jobs report, the Labor Department also released a report on Thursday showing an unexpected increase in initial jobless claims in the week ended June 27th.
Irish no-frills airline Ryanair Holdings Plc. (RYA.L, RYAAY) and Hertz Global Holdings Inc. (HTZ) have ended their exclusive car hire supply agreement with immediate effect. The budget airline said it would pursue Hertz for breach of contract.