Associate Justice Antonin Scalia has died at the age of 79 from natural causes, Texas media outlets reported, citing law-enforcement sources.
The highlight of next week’s economic calendar will be the minutes from last month’s meeting of the Federal Reserve.
U.S. stocks ended Friday's session sharply higher, led by big gains in the financials and oil.
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U.S. equity markets ended the week on a high note as they surged during Friday’s session. But the late rally wasn’t enough to push the major averages into positive territory for the week after stocks were battered by plunging oil prices and more talk about negative interest rates in the U.S.
American International Group Inc , the biggest U.S. commercial insurer by premiums, reported a bigger-than-expected quarterly operating loss, hurt by weak underwriting and lower returns on investments in a turbulent market.
Cyber security company FireEye Inc forecast first-quarter revenue largely above analysts' estimates as it expects to sign up more customers.
Molson Coors Brewing reported lower profit and revenue for its fourth quarter, hurt by lower earnings in its MillerCoors venture and declining beer volumes.
Oil futures rallied Friday, buoyed in part by comments from the United Arab Emirates' energy minister who said that the Organization of the Petroleum Exporting Countries is willing to cooperate on possible production cuts.
Gold futures settled lower on Friday, pulling back after rallying to a one-year high a day earlier.
Shares of Vulcan Materials Co. climbed 1.1% in afternoon trade Friday, after the construction materials maker said it was doubling its quarterly dividend.
Oil prices continued to climb after data Friday from Baker Hughes showed that the number of active U.S. oil-drilling rigs edged down for an eighth week in a row.
New York Federal Reserve President William Dudley said concerns that U.S. central bankers are considering negative interest rates are “extraordinarily premature.”
L Brands Inc. shares fell 2.2% on Friday after the company announced that Sharen Jester Turney, chief executive of Victoria's Secret, resigned.
Oil's advance accelerated late Friday morning.
Treasury prices fell Friday, pushing yields higher, as a rebound in risk assets--mainly global stocks and oil-- led investors to sell safe assets, such as government debt.
Federal Reserve policy is "appropriately quite accommodative" given the low level of inflation, which poses little threat to a U.S. economic expansion that will only grow older unless there is an outside shock, an influential Fed official said on Friday.
Consumer confidence drifted lower in February as the economic outlook deteriorated.
U.S. stocks opened higher on Friday, aided by a jump in oil prices and better-than-expected retail sales data.
Netflix Inc. was downgraded Friday at FBR & Co., which cited concerns over slowing subscriber growth, increasing competition and cash burn.
Deutsche Bank AG on Friday unveiled a multi-billion euro and dollar bond buyback program, confirming media reports from earlier this week.
Prices for imported goods fell sharply in January, the latest sign that a slumping global economy and plunging oil prices are weighing on inflation in the U.S.