The S&P 500 and the Nasdaq closed higher after a broad-based rally on Thursday as investors looked to the G20 summit in Osaka, Japan this weekend for progress in the long-running U.S.-China trade dispute, which has whipsawed markets for months.
Shares in Sinclair Broadcast Group Inc fell by 1.6% after the U.S. Federal Communications Commission disclosed it has opened an investigation into whether the company misled the agency in its failed effort to win approval for a $3.9 billion bid to purchase Tribune Media Co .
Oil prices edged higher on Thursday on expectations that OPEC will extend an output cut agreement, while investors awaited a meeting between the United States and China that could produce a breakthrough on trade talks.
Global equity markets gained and the dollar held steady on Thursday ahead of the G20 summit where a much-anticipated meeting of U.S. President Donald Trump and Chinese President Xi Jinping may lead to a truce in the U.S.-China trade war.
Twitter Inc said on Thursday it would identify and deemphasize tweets that broke its rules but came from important sources, such as politicians, in order to strike a balance between free expression and accountability.
State Street Corp agreed to pay $94.3 million to settle federal and state regulatory charges it routinely overcharged mutual fund customers and other clients over roughly 17 years by adding hidden markups on back-office expenses.
Wall Street gained ground in a broad-based rally on Thursday as market participants looked to the G20 summit this weekend for signs of progress in the long-running U.S.-China trade dispute, which has agitated markets for months.
Hackers working for Western intelligence agencies broke into Russian internet search company Yandex in late 2018 deploying a rare type of malware in an attempt to spy on user accounts, four people with knowledge of the matter told Reuters.
America’s trade war with China is once again poised to switch off the nation’s last television factory.
A pullback in prices of bitcoin deepened on Thursday, falling over 16% to below $11,000 after jumping to 18-month high of nearly $14,000 earlier this week amid optimism about the widening usage of digital currencies.
Japan Display Inc said on Friday it would receive a $100 million investment from a customer, which a source said was Apple Inc , as part of a bailout deal led by a Chinese investment firm for the smartphone screen maker.
Twitter Inc said on Thursday it would identify and deemphasize tweets that broke its rules but came from important sources, such as politicians, in order to strike a balance between free expression and accountability.
Southwest Airlines Co will not schedule Boeing 737 MAX flights until at least Oct. 1, the airline said on Thursday, just as the families of some Ethiopian Airline crash victims told a Chicago judge they are not ready to settle litigation.
U.S. auto sales are expected to drop 1.5% in June from a year earlier, as higher prices continue to keep buyers away, according to industry consultants J.D. Power and LMC Automotive.
Twitter Inc said on Thursday it was introducing “notice”, a new feature that will provide more clarity to tweets by certain users that violate the social media company’s rules.
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