Wall Street rises with trade optimism, upbeat economic data
Wall Street rose on Friday with help from positive comments from Washington and Beijing about progress on efforts to reach a U.S.-China trade deal ,and from upbeat domestic economic data.
Wall Street rose on Friday with help from positive comments from Washington and Beijing about progress on efforts to reach a U.S.-China trade deal ,and from upbeat domestic economic data.
New quarterly data from the biggest U.S. banks suggest that some will need to back away from short-term lending markets by year-end to avoid triggering requirements that they hold more capital.
Wall Street advanced on Friday as both Washington and Beijing made positive comments on the potential for a trade deal between the world's two biggest economies and upbeat domestic economic data helped to ease investor worries.
The dollar gained and global equity markets rose on Friday on upbeat U.S. economic data while amicable messages from Chinese President Xi Jinping and U.S. President Donald Trump helped defuse tensions over the prolonged U.S.-Sino trade war.
An email sent by an official at Transport Canada urging Boeing to remove an anti-stall system involved in two 737 MAX crashes reflects "working-level discussions" and were not reviewed by the Canadian regulator, the agency said on Friday.
An email sent by a Transport Canada official urging Boeing to remove an anti-stall system involved in two 737 MAX crashes reflects "working-level discussions" and were not reviewed by the Canadian regulator, the agency said on Friday.
Mexican President Andres Manuel Lopez Obrador on Friday urged U.S. lawmakers not to allow politics to hold up the approval of the United States-Mexico-Canada Agreement (USMCA) trade deal.
Mexico's Economy Minister Graciela Marquez said Friday that U.S. representatives should not be concerned that Mexico can implement its labor reform as the United States still has to approve a trade deal.
WeWork named four men to executive roles on Friday and outlined a six-point path to profitability, though the money-losing flexible office space operator said it will not be cash flow positive until 2023, according to a media report.
Goldman Sachs Group Inc said on Friday it has launched an internal campaign to promote awareness about pronouns and how employees self-identify.
Britain's opposition Labour Party will hold a rally outside an Amazon depot on Saturday as it highlights its promise to target multinational firms it accuses of dodging taxes and cheating workers should it win next month's election.
Amazon.com Inc on Friday filed a lawsuit in the U.S. Court of Federal Claims contesting the Pentagon's award of an up to $10 billion cloud computing contract to Microsoft Corp.
With Saudi Aramco yet to name any major foreign investors in its upcoming share sale, Malaysia's state energy company Petronas [PETR.UL] decided to take a pass on Friday.
Investors will monitor Trump's signal on the Hong Kong bill, more earnings reports as well as a speech from Powell.
Nordstrom Inc raised its 2019 forecast, unlike many competitors, and reported third-quarter profit above Wall Street expectations on Thursday as it sold more off-price clothing and kept inventories in check, sending the retailer's shares up about 8% in extended trading.