Stocks showed a lack of direction over the course of the trading day on Friday after failing to sustain an initial upward move. Despite the choppy trading, the Dow once again managed to end the session at a new record closing high. The major averages turned in a mixed performance on the day.
U.S. crude oil declined for a third straight session to end lower on Friday, as the dollar trended higher against some major currencies with continued demand growth concerns amid fears of a supply glut.
An official weekly oil report earlier this week from the Energy Information Administration showed...
Gold futures slipped for third straight session to end at a more than eight-month low on Friday, with the dollar strengthening against a select band of currencies amid continued speculation that U.S. interest rates will rise at a faster pace once monetary tightening begins.
Gold shed about 1.2 percent...
A trio of Democratic senators has introduced new legislation that would revoke a tax-exemption for the National Football League if it continues to promote the Washington Redskins name.
After failing to sustain an initial upward move, stocks have shown a lack of direction over the course of the trading day on Friday. The Dow and the S&P 500 reached new record highs in early trading but have given back ground since then.
President Barack Obama delivered a statement Thursday evening thanking members of Congress for voting to approve legislation granting the U.S. military the authority to train and arm moderate Syrian rebels fighting against the terrorist group known as the Islamic State.
After showing a notable move to the upside at the open, stocks remain mostly positive in early trading on Friday. The major averages have not seen much follow-though on their initial upward move but remain above the unchanged line.
While the Conference Board released a report on Friday showing a continued increase by its index of leading U.S. economic indicators in the month of August, the pace of growth showed a significant slowdown compared to the previous month.
With traders reacting positively to the results of Scotland's independence referendum, stocks are likely to extend their recent upward move in early trading on Friday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 74 points.
Testosterone, often considered as the "fountain of youth", is the major sex hormone in men, and as they age the level of this hormone also naturally declines. The condition in which the body doesn't produce enough testosterone is known as hypogonadism or simply, Low T.
With another headwind turning a tailwind, Wall Street stocks are set to open higher on Friday. Recent fears of the economic impact from a possible splintering of the U.K. receding following Scotland opting to stay with the U.K., the markets across the globe have seen a relief rally.
GlaxoSmithKline Plc announced Friday that its Chinese unit GSK China Investment Co. Ltd or GSKCI was ordered to pay a fine of 297 million pounds or 3 billion Chinese yuan, after a Chinese court found the unit guilty of bribing non-government personnel.
French conglomerate Vivendi SA (VIV.L, VIVEF.PK) Friday announced a definitive agreement with Telefonica SA (TDE.L, TEF) to sell its wholly-owned Brazilian broadband unit Global Village Telecom or GVT to the Spanish telecom operator.
The United Nations Security Council (UNSC) on Thursday declared the ongoing Ebola outbreak in West Africa "a threat to international peace and security." Notably, the declaration was made in the Council's first emergency meeting on a public health issue.
The fifteen-member Council also unanimously...
Alibaba Group Holding carved out a niche position in the stock market space with its initial public offering. The Chinese e-commerce company on Thursday priced its much-awaited initial public offering at $68 per share, at the higher end of its range, making it the biggest ever in U.S. history.