The Dow and S&P 500 rise Friday morning, extending their recent rallies into new record territory, amid a fresh flurry of corporate quarterly results to end the first week of earnings season.
The Chinese economy grew by a record 18.3% in the first quarter of the year compared with the same period of 2020, when it had shrunk for the first time in decades due to the COVID-19 pandemic.
The U.S. Treasury Department on Friday removed the foreign-exchange manipulator label from Vietnam and Switzerland that the Trump administration had placed on the two countries in December.
Johnson & Johnson privately reached out to Covid-19 vaccine rivals to ask them to join an effort to study the risks of blood clots and speak with one voice about safety, but Pfizer Inc. and Moderna Inc. declined.
Oil futures try for a fifth straight gain on Friday but are presently seeing lackluster moves as investors weighed a strong economic report from China against evidence of cases of COVID rising in parts of the world, threatening a fitful recovery from the demand-sapping pandemic.
Tech giants across nearly every sector are expected to report solid earnings gains in both the coming quarter and the rest of 2021, as the pandemic accelerated nearly everything, from e-commerce to virtual work to cloud computing.
Dow and S&P 500 index futures contracts were edging slightly higher Friday morning, as investors awaited a flurry of corporate earnings results to end the first week of the quarterly reporting season.
European stocks are climbing after China follows strong U.S. growth with blowout data of its own. The Stoxx 600 and German DAX are headed for fresh record closes.
David Einhorn’s Greenlight Capital delivered a lackluster quarter in the first three months of 2021 but the hedge-fund luminary vowed to earn his fees in coming months, suggesting that shifting appetite for value stocks will ultimately give way to better performance.
A new study from researchers at Oxford University has found that people who contract COVID-19 are at far higher risk of developing blood clots than people who receive COVID-19 vaccines, further bolstering the case for vaccine use.
Both vehicles are meant to deliver exceptional off-road capability, along with a fun and youthful experience thanks to retro styling and a removable roof and doors.