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Stocks moved sharply higher over the course of the trading session on Friday, adding to the gains posted on Wednesday and Thursday. The tech-heavy Nasdaq showed a particularly strong upward move, reaching a six-month closing high.

After moving mostly higher early in the session, stocks have seen further upside over the course of the trading day on Friday. The major averages are adding to the gains posted in the two previous sessions, with the Nasdaq and the S&P 500 reaching their best intraday levels in well over a month.

The U.S. dollar retreated against its major counterparts in the New York session on Friday, as core personal consumption expenditure price index, the Federal Reserve's preferred measure of inflation, came in lower than expected in February. Data from the Commerce Department showed that core consumer...

MNI Indicators released a report on Friday showing its reading on Chicago-area business activity unexpectedly increased in the month of March. The report said the Chicago business barometer inched up to 43.8 in March from 43.6 in February, although a reading below 50 still indicates a contraction. Economists had expected the index to edge down to 43.4.

SYLA Technologies Co. Ltd., operator of the largest membership real estate crowd-funding platform in Japan, Rimawari-kun, said that it has priced its initial public offering of about 1.88 million American Depositary Shares or "ADSs" at a price of US$8.00 per ADS. Each 100 ADSs represent one common...

Revised data released by the University of Michigan on Friday showed U.S. consumer sentiment deteriorated by more than previously estimated in the month of March. The report said the consumer sentiment index for March was downwardly revised to 62.0 from the preliminary estimate of 63.4. Economists had expected the index to be downwardly revised to 63.2.

Stocks have moved mostly higher in morning trading on Friday, extending the upward move seen over the two previous sessions. The continued advance has lifted the tech-heavy Nasdaq to its best intraday level in well over a month.

Secretary of State Antony Blinken has urged U.S. citizens residing or traveling in Russia to depart immediately. He made the call in the wake of Wall Street Journal reporter Evan Gershkovich's arrest in Russia. He strongly condemned the Kremlin's continued attempts to intimidate, repress, and punish journalists and civil society voices. The State Department's Level 4 Russia Travel Advisory has

Core consumer price growth in the U.S. unexpectedly slowed in the month of February, according to a report released by the Commerce Department on Friday. The report said core consumer prices, which exclude food and energy prices, jumped 4.6 percent year-over-year in February.

The Management Board and the Supervisory Board of Kloeckner & Co SE (KCO) recommended shareholders not to accept the voluntary public takeover offer by SWOCTEM GmbH. The Management Board and the Supervisory Board have independently concluded that the amount of the offer price of 9.75 euros in cash per...

Ventas, Inc. (VTR) Friday announced that it intends to take ownership of the collateral that supports its approximately $486 million cash-pay mezzanine loan to Santerre Health Investors. Transaction will be finished in the second quarter of 2023. Ventas will take ownership of the Santerre Portfolio...

Novartis AG (NVS) announced Friday that the European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use (CHMP) has adopted a positive opinion recommending approval of Entresto (sacubitril/valsartan) for a new indication to treat symptomatic chronic heart failure with left ventricular...

Checkpoint Therapeutics, Inc. (CKPT), a firm focused on clinical-stage immunotherapy and targeted oncology, on Friday announced a deal for the issuance and sale of 1.7 million shares at $3.60 per share. The total proceeds from the offering, expected to close on or about April 4, are estimated to be...

China Natural Resources, Inc. (CHNR) announced Friday that the board of directors of the Company has approved a five-to-one share combination of issued and outstanding common shares, without par value, of the Company. No shareholders' approval of the share combination is required pursuant to BVI law....

After moving notably higher over the two previous sessions, stocks may see further upside in early trading on Friday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.4 percent.