TODAY'S TOP STORIES

Several major U.S. companies, including Walt Disney, Netflix, Meta and JPMorgan Chase, have assured their employees that they will cover travel costs to states that allow legal abortions. The decision was made in the wake of the U.S. Supreme Court decision overturning Roe v. Wade on Friday. The U.S....

Stocks moved sharply higher during trading on Friday, extending the strong upward move seen going into the close of trading on Thursday. The major averages all showed substantial upward moves over the course of the session.

After moving sharply higher early in the session, stocks continue to see substantial strength in afternoon trading on Friday. The major averages are extending the upward move seen going into the close of the previous session.

In a widely anticipated move, the U.S. Supreme Court on Friday issued a decision overturning Roe v. Wade, the landmark ruling that established a woman's constitutional right to have an abortion for nearly fifty years. The 6-3 decision comes roughly two months after a leaked draft of an opinion indicated the court's conservative majority's intent to overturn Roe v. Wade.

Consumer sentiment in the U.S. tumbled by slightly more than initially estimated in the month of June, revised data from the University of Michigan revealed on Friday. The report showed the consumer sentiment index for June was downwardly revised to 50.0 from the preliminary reading of 50.2.

With 121,315 new cases reported on Thursday, the total number of people that have been infected with coronavirus in the United States has risen to 86,758,495, as per latest data by the Center for Systems Science and Engineering at Johns Hopkins University.

Stocks have moved sharply higher in morning trading on Friday, extending the strong upward move seen going into the close of the previous session. The major averages have all shown substantial moves to the upside on the day.

The United States will release the latest tranche of military assistance to Ukraine worth $450 million, including additional long-range rocket systems, to help it fight the Russian attacks. Secretary of State Antony Blinken said he is authorizing the thirteenth drawdown of arms and equipment from U.S. Department of Defense inventories for Ukraine's defense since August 2021. This will bring total

New home sales in the U.S. unexpectedly showed a significant rebound in the month of May, according to a report released by the Commerce Department on Friday. The report showed new home sales surged 10.7 percent to an annual rate of 696,000 in May after plunging 12.0 percent to an upwardly revised rate of 629,000 in April.

MTD Products Inc. is recalling 1,774 units of walk-behind self-propelled lawn mowers for potential risk of fire hazard, a statement by the U.S. Consumer Product Safety Commission (CPSC) showed. The company said the lawn mower can leak fuel when it is stored in the upright (vertical) storage position to pose a fire hazard.

After ending the previous session mostly higher, stocks are likely to 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 0.8 percent.

Germany's business sentiment worsened more than expected in June as the war in Ukraine, high inflation and supply chain disruptions triggered fears of recession, survey results from the ifo Institute showed on Friday. After rising for two months, the business confidence index dropped to 92.3 in June from 93.0 in the previous month.

New Home Sales report and revised Consumer Sentiment report by the highlight on Friday. Asian shares finished positive, while European shares are trading up. Early signs from the U.S. Futures Index suggest that Wall Street might open significantly higher. As of 7.35 am ET, the Dow futures were...

The Senate has passed with bipartisan support a Bill to address gun violence, which marks a much awaited and the most significant firearms legislation in the United States in nearly three decades. The Bipartisan Safer Communities Act was passed by 65 to 33 votes in the Upper House on Thursday night with 15 Republicans joining Democrats in support. The bill is expected to pass in the Democrat-con

The European Union leaders have unanimously decided to grant Ukraine EU candidate status. The two-day meeting of the European Council, which began in Brussels Thursday, also agreed to grant candidacy to Moldova. The Council directed the European Commission to report to it on the fulfillment of the conditions specified in the Commission's opinions on the respective membership applications as part