Retailers and smaller U.S. companies jumped again Friday as they continued to report strong third-quarter results, but technology companies and other big U.S. corporations couldn't add to the previous day's gains.
U.S. stocks are dipping Friday morning, a day after the market made its biggest gain in two months.
Abercrombie & Fitch Co. (ANF) on Friday reported fiscal third-quarter net income of $10.1 million.
Foot Locker Inc. (NYSE:FL) on Friday reported fiscal third-quarter profit of $102 million.
Asian shares were mostly higher Friday, extending global gains after Wall Street reported a round of healthy earnings and U.S. politicians took a step forward on President Donald Trump's tax reform plan.
U.S. stocks moved higher in early trading Thursday, led by big gains in technology companies.
Walmart on Thursday reported fiscal third-quarter net income of $1.75 billion.
Clothing retailer Gap Inc on Thursday reported quarterly results that beat estimates, as its turnaround efforts to revive its Gap and Old Navy brand paid off.
The latest on developments in financial markets (All times local): 9:35 a.m.
Stocks rocketed higher Thursday, powered by Walmart's earnings and the passage of the GOP's tax bill in the House.
Best Buy Co. on Thursday reported a boost in fiscal third-quarter profit and sales, but its results and outlook fell short of Wall Street expectations.
Walmart (NYSE:WMT) shares could set a new record on Thursday, boosted by the company’s third-quarter results, which surpassed expectations.
Best Buy Co Inc. reported disappointing third-quarter results on Thursday and forecast holiday-quarter profit below Wall Street estimates as it cut prices to match those offered by rivals including Amazon.com Inc.
Viacom Inc., the owner of MTV, Comedy Central and Paramount, reported a 2.9 percent rise in quarterly revenue on Thursday, as a rise in theatrical revenue offset declines in U.S. affiliate revenue.
FOX Business' Charles Payne reports on what weighed down today's Wall Street trading session.
Shares of Cisco Systems Inc. rose in after-hours trading Wednesday after the internet gear maker reported better-than-expected earnings and forecast revenue growth after two years of decline.
Cisco Systems expects revenue to grow in the current quarter for the first time since late 2015, as it continues a strategic shift away from its legacy hardware and into sales of software and services.
FOX Business' Lauren Simonetti reports on Cisco's first-quarter earnings.
Target is reporting third-quarter profit of $480 million.
Target Corp issued a disappointing profit forecast for the key holiday quarter as it continues to depend on price cuts to drive traffic to its stores and online, sending its shares down 4 percent in premarket trading.