Yields on U.S. government bonds jumped on Friday morning after domestic job growth slowed less than expected in October, suggesting the Federal Reserve was justified in signaling on Wednesday that it would pause interest rate cuts going forward.
A show of strength in the labor market is giving traders a bit more confidence that the Federal Reserve will keep borrowing costs where they are for now after it cut interest rates for a third time earlier this week.
German auto maker Audi's fully-electric e-tron sports utility vehicle was the top-selling car in Norway last month with an 8.3% market share, registration data showed on Friday.
U.S. job growth slowed less than expected in October as the drag from a strike at General Motors was offset by gains elsewhere and hiring in the prior two months was stronger than previously estimated, offering some assurance that consumers would continue to support the slowing economy.
UBS Group could double the profit it makes from its American wealth management arm within a decade even as it cuts staff numbers by targeting the super-rich, the co-head of the business told Reuters.
The S&P 500 and Nasdaq indexes hit record high in early trading on Friday, after data showed U.S. jobs growth slowed less than expected in October.
Chevron Corp reported a larger-than-expected 36% drop in third-quarter profit on Friday, hit by lower oil and gas prices despite an overall increase in its output.
Unions representing flight attendants at the three U.S. airlines that operate Boeing Co's 737 MAX said they are more reluctant to support the grounded jet's return after Congressional hearings this week on its development.
Royal Dutch Shell faced a torrent of criticism from analysts on Friday for warning of possible delays to its $25 billion share buyback program, with some saying the move had undermined the credibility of the oil giant's management.
Nasdaq's Nordic and Baltic stock markets were halted by technical problems for a second time on Friday, only minutes after trading resumed following earlier problems.
Alphabet Inc-owned Google will buy fitness tracker pioneer Fitbit Inc for $2.1 billion, as the search giant takes on Apple and Samsung in the fast-growing market for wearable devices.
Shares globally were just 2.5% short of an all-time high on Friday, as a surprise bounce in Chinese manufacturing and some reassuring U.S. jobs numbers eclipsed a blizzard of otherwise sickly global data.
Needham recommends Netflix takes on advertising dollars to combat its higher price point.
Common 401(k) mistakes could add up to hundreds of thousands of dollars and over the years.
Here are the biggest calls on Wall Street on Friday