Business

Stocks Close Firmly Positive, Dow Reaches Record High

Stocks Close Firmly Positive, Dow Reaches Record High

She will resume her testimony at 10 a.m. ET (1400 GMT). Quarterly earnings will kick off on Friday with big U.S. banks, including JPMorgan Chase, Wells Fargo and Citigroup, reporting results. Data showed U.S. producer prices unexpectedly rose in June. The Dow is up 138.75 points, or 0.7 percent. Initial jobless claims for the week ended July 8 fell by 3,000 to a seasonally adjusted 247,000, the Labor Department said in a separate report.


Financials lead Wall Street higher ahead of earnings

Financials lead Wall Street higher ahead of earnings

The Nasdaq Composite (INDEXNASDAQ:. IXIC ) closed up 38.03 points, or 0.61% to 6,312.47. A decline in financial shares limited the day's gains, even though JPMorgan Chase & Co ( JPM .N) and other big banks delivered quarterly results that beat Wall Street expectations.


Human remains found in search for missing men, 1 victim ID'd

Human remains found in search for missing men, 1 victim ID'd

Additional information on the mysterious case is expected to be delivered by authorities at 2 p.m. EDT on Friday. (Undated) - Police on Thursday returned to a large Pennsylvania farm to resume digging and sifting through a deep common grave where multiple remains were discovered, including one identified as one of four men missing since last week.



US Government Bonds Strengthen After Soft Inflation Reading

The so-called core CPI, which strips out food and energy costs, edged up just 0.1 percent in June. Food index was also unchanged in June, compared to a 0.2 percent growth in May. The dollar was little changed against a group of peers early on Friday, as currency investors remained cautious ahead of USA inflation data due later in the session, which is expected to set the greenbackĀ“s near-term direction.


Wal-Mart Stores, Inc. (WMT) Short Interest Down 12.3% in May

Wal-Mart Stores, Inc. (WMT) Short Interest Down 12.3% in May

About 99,031 shares traded. It has underperformed by 104.22% the S&P500. Pzena Investment Management Llc decreased Wal ( WMT ) stake by 5.02% reported in 2016Q4 SEC filing. The New York-based Metropolitan Life Insurance has invested 0.06% in DXC Technology Co (NYSE:CSC). Hagens Berman Sobol Shapiro LLP alerts investors in HD Supply Holdings, Inc.