Stocks moved sharply higher over the course of the trading day on Friday following an unexpected monetary policy decision out of Japan. The gains on the day lifted the Dow and the S&P 500 to new record closing highs, while the Nasdaq reached its best closing level since 2000.
With the midterm elections looming, President Barack Obama delivered a speech in Rhode Island on Friday touting the economic progress that has occurred during his administration.
U.S. crude oil ended lower on Friday, after the dollar continued to strengthen on some upbeat data from the U.S. and the Bank of Japan's decision to extend its monetary stimulus, drove up demand for the greenback.
A strong dollar makes it less attractive for buyers of dollar-priced commodities such...
Gold futures slipped to end at a more than four-year low on Friday, as the dollar continued to strengthen on some upbeat data from the U.S. and the Bank of Japan's decision to extend its monetary stimulus.
The dollar also got a boost after some upbeat U.S. GDP data yesterday, amid signs the Federal...
While support for stricter gun sale laws spiked after the Newtown school shooting in December of 2012, the results of a new Gallup poll show that support has pulled back sharply in the two years since then.
Shares of Aviv REIT gained 14 percent after it agreed to be acquired by Omega Healthcare Investors in an all stock deal valued at $3 billion.
After moving sharply higher at the open, stocks have continued to perform well throughout the trading day on Friday. The gains on the day are extending the upward trend seen over the past two weeks, lifting the Dow to a new record high.
A number of major retailers will be open on Thanksgiving for early Black Friday shopping events.
Kohl's department stores will kick off Black Friday sales two hours earlier this year, at 6 p.m. Thanksgiving Day, while Macy's, Bon-Ton and Best Buy will open at the same time.
J.C. Penney and Sears...
Business activity in the Chicago area unexpectedly increased at a notably faster rate in the month of October, according to a report released by MNI Indicators on Friday. MNI Indicators said its Chicago business barometer jumped to 66.2 in October from 60.5 in September.
Consumer sentiment in the U.S. improved by more than previously estimated in the month of October, according to a report released by Thomson Reuters and the University of Michigan on Friday. The report said the final reading on the consumer sentiment index for October came in at 86.9 compared to the mid-month reading of 86.4.
Stocks moved sharply higher at the start of trading on Friday, extending the strong upward trend seen over the past two weeks. The major averages climbed firmly into positive territory, with the Dow reaching a new record intraday high.
Oil companies Exxon Mobil Corp. and Chevron Corp. on Friday reported financial results for the third quarter that beat analysts' estimates, helped by strong results at their refining segments that helped offset the impact of lower production as well as crude oil prices.
Twitter Inc. has replaced its head of product Daniel Graf just six months after luring him over from Google, according to multiple reports.
Graf, previously known for his work leading Google Maps, will retain his vice president of product title and work on Twitter's geolocation features, the Wall...
Consumer products maker Clorox Co. reported Friday a profit for the first quarter that declined from last year, despite sales growth, reflecting lower gross margins and higher losses from discontinued operations of Clorox Venezuela. Both adjusted earnings per share from continuing operations and quarterly sales topped analysts' expectations.
Personal spending in the U.S. unexpectedly decreased in the month of September, according to a report released by the Commerce Department on Friday, with the drop in spending accompanied by weaker than expected personal income growth.