Wall Street extended its sell-off on Friday on renewed trade fears as the benchmark S&P 500 index and Nasdaq saw their worst weekly percentage plunges since December, when investors were spooked by the prospect of a looming recession.
Cboe Global Markets Inc reported a 6.3% rise in quarterly profit on Friday, helped by an increase in revenue from options and futures trade.
Exxon Mobil Corp 's U.S. second-quarter refining profits bounced back from a loss earlier this year but remain below past levels in part because of a wave of production outages, according to an examination of data from Reuters and energy industry intelligence service Genscape.
A measure of stocks across the globe posted on Friday its largest weekly loss of the year while yields in U.S. and German debt were near or at multi-year lows, after China vowed to retaliate against a possible new round of U.S. tariffs.
Campbell Soup Co on Friday confirmed that it signed a deal to sell its Australian snacks unit Arnott's and some of its international operations to KKR & Co Inc for $2.2 billion as the U.S. company works on reducing debt.
Quarterly reports next week from Walt Disney Co , CBS and Viacom will likely highlight increasing competition in video streaming and could spark volatility in the so-called communication services sector, which has outperformed since it was overhauled last year.
U.S. Senator Mark Warner on Friday raised concerns over the Pentagon's decision to put on hold a $10 billion cloud computing contract after President Donald Trump said his administration was examining Amazon.com Inc's bid following complaints from other tech companies.
Top executives at Nissan Motor Co and Renault SA are trying to reach a deal to reshape their global alliance, in hopes to revive Renault's merger talks with Fiat Chrysler Automobiles NV , the Wall Street Journal reported on Friday, citing emails and people briefed on the discussions.
Carmakers Nissan Motor Co and Renault SA are trying to reach a deal to reshape their global alliance, in hopes of reviving Renault's merger talks with Italy's Fiat Chrysler Automobiles NV , the Wall Street Journal reported on Friday, citing emails and people briefed on the talks.
WeWork owner The We Company has tapped JPMorgan Chase & Co to head an upcoming debt offering, putting the bank in pole position to lead a planned initial public offering (IPO) later this year, people familiar with the matter said.
The U.S. Federal Aviation Administration said on Friday it had approved the first drone flight beyond the operator's sight line, a major advance for retailers like Amazon.com Inc seeking to speed up deliveries by drone.
Toyota Motor Corp cut its full-year profit forecast on Friday by nearly 6% on expectations a stronger yen will weigh on its bottom line, overshadowing its best quarterly performance in nearly four years.
U.S. job growth likely slowed in July after outsized gains in the prior month, with wages probably maintaining their moderate pace of increase, which could boost market expectations for another interest rate cut from the Federal Reserve next month.
European stocks posted their biggest drop of 2019 on Friday and German bond yields hit record lows after U.S. President Donald Trump fired his latest trade war salvo at China, jolting markets and sparking a frenzied bid for safe-haven assets.
Taiwan's Foxconn is exploring the sale of its upcoming $8.8 billion display panel factory in China, people familiar with the matter told Reuters, as demand for the product wanes amid an intensifying U.S.-China trade war.