Latest Financial markets News

Stock market today: Most of Wall Street leaps in a widespread rally, from big stocks to small

Jul. 26, 2024 17:59 PM EDT

NEW YORK (AP) — A widespread rally swept Wall Street Friday, lifting far-reaching corners, to close a tumultuous week where stocks that had been left behind for much of this year’s record-setting run wrested the spotlight back from the market’s biggest stars. The S&P 500...

How major US stock indexes fared Friday, 7/26/2024

Jul. 26, 2024 16:21 PM EDT

Wall Street rallied following encouraging reports on inflation and on profits at 3M and other big U.S. companies. The S&P 500 rose 1.1% for its best day in seven weeks. The Dow Jones Industrial Average jumped 1.6%, and the Nasdaq composite climbed 1%. The...

Newell Brands, 3M rise; Saia, DexCom fall, Friday, 7/26/2024

Jul. 26, 2024 16:12 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Friday: Bristol-Myers Squibb Co., up $5.18 to $50.45. The biopharmaceutical company beat analysts' second-quarter earnings and revenue forecasts. Colgate-Palmolive Co., up...

Closing prices for crude oil, gold and other commodities

Jul. 26, 2024 15:26 PM EDT

Benchmark U.S. crude oil for September delivery fell $1.12 to $77.16 per barrel Friday. Brent crude for September delivery fell $1.24 to $81.13 per barrel. Wholesale gasoline for August delivery fell 1 cent to $2.46 a gallon. August heating oil fell 5 cents to $2.42 a gallon. August...

Franklin Resources: Fiscal Q3 Earnings Snapshot

Jul. 26, 2024 08:41 AM EDT

SAN MATEO, Calif. (AP) — SAN MATEO, Calif. (AP) — Franklin Resources Inc. (BEN) on Friday reported fiscal third-quarter earnings of $174 million. The San Mateo, California-based company said it had net income of 32 cents per share. Earnings, adjusted for one-time gains and costs,...

Gentex: Q2 Earnings Snapshot

Jul. 26, 2024 08:11 AM EDT

ZEELAND, Mich. (AP) — ZEELAND, Mich. (AP) — Gentex Corp. (GNTX) on Friday reported second-quarter earnings of $86 million. On a per-share basis, the Zeeland, Michigan-based company said it had profit of 37 cents. The results missed Wall Street expectations. The...

Bristol Myers: Q2 Earnings Snapshot

Jul. 26, 2024 07:07 AM EDT

PRINCETON, N.J. (AP) — PRINCETON, N.J. (AP) — Bristol Myers Squibb Co. (BMY) on Friday reported second-quarter profit of $1.68 billion. The Princeton, New Jersey-based company said it had profit of 83 cents per share. Earnings, adjusted for amortization costs and non-recurring...

Stock market today: Asian shares mostly advance after Wall St comeback from worst loss since 2022

Jul. 26, 2024 00:24 AM EDT

BANGKOK (AP) — Shares were mostly higher in Asia on Friday, with major markets apart from Shanghai and Taiwan logging modest gains. U.S. futures and oil prices rose. That followed a split Thursday on Wall Street, where general stocks and other formerly downtrodden...

Southwest Airlines plans to start assigning seats, breaking with a 50-year tradition

Jul. 25, 2024 18:29 PM EDT

DALLAS (AP) — Goodbye, cattle call. Southwest Airlines said Thursday that it plans to drop the open-boarding system it has used for more than 50 years and will start assigning passengers to seats, just like all the other big airlines. The airline said it has been...

World Kinect: Q2 Earnings Snapshot

Jul. 25, 2024 17:08 PM EDT

MIAMI (AP) — MIAMI (AP) — World Kinect Corporation (WKC) on Thursday reported second-quarter profit of $108.3 million. The Miami-based company said it had net income of $1.81 per share. Earnings, adjusted for one-time gains and costs, came to 48 cents per share. ...