Hurricanes Helene and Milton unlikely to depress U.S. GDP
Hurricanes Milton and Helene put lots of people out of work temporarily and could add upward pressure to inflation, but the ...
Pfizer wins FDA approval for hemophilia B drug that will be first once-weekly treatment
The new drug would allow patients to produce the needed clotting protein for an extended period, reducing the need for ...
Financials ETF on pace for all-time high
Shares of an exchange-traded fund that focuses on stocks in the S&P 500’s financial sector were climbing toward a potential record high on Friday, as investors assessed third-quarter earnings results ...
Retail sector rallies in wake of JPMorgan's upbeat comments on consumer spending
The retail sector was seeing a broad rally, after JPMorgan CFO Jeremy Barnum said consumer spending on discretionary goods was more "normalization" after a post-pandemic spike than weakening. The SPDR ...
JPMorgan's stock leads the Dow's winners as it heads for best day in 18 months
JPMorgan Chase's stock was surging 4.7% in recent trading following better-than-expected third-quarter earnings, which put it on track for its biggest one-day gain since it rallied 7.6% on Apr ...
Red Sea Oil Shipments Down More Than 50% on Houthi Attacks -- OPIS
Shipments of crude oil and refined products through the Bab el-Mandeb strait at the southern end of the Red Sea fell by more than 50% over the first half of this year from volumes in 2023, the agency ...
Financials lead sector gains as tech falls and Tesla tumbles
Financial stocks in the S&P 500 were posting sharp gains Friday, beating all other sectors of the U.S. equities benchmark in early afternoon trading Friday. The S&P 500’s financials sector was up 1.8% ...