Earnings Report

U.S. equity markets trimmed moderate losses in midday trading Friday after President Donald Trump told the Associated Press tax reform language will come next week.

General Electric reported that first-quarter cash flow from its industrial operations turned negative and was less than the company expected, though its earnings and revenue exceeded analyst estimates.

Honeywell reported a higher-than-expected profit, as sales in its aerospace and energy businesses came in above the company's forecast.

Honeywell reported a higher-than-expected profit, as sales in its aerospace and energy businesses came in above the company's forecast.

Visa Inc, the world's largest payments network operator, reported better-than-expected quarterly earnings and said it expects full-year profit at the high-end of its forecast, as it reaps the benefits of its purchase of Visa Europe.

U.S. stocks rallied on Thursday, with the Nasdaq closing at a record, as a round of solid earnings led by American Express pushed equities higher.

Verizon, the No. 1 U.S. wireless carrier, reported a 20 percent fall in quarterly profit as it lost wireless postpaid subscribers despite the re-launch of unlimited data plans.

Property and casualty insurer Travelers Cos Inc reported an 11 percent fall in quarterly profit hurt by higher catastrophe losses and lower underwriting gains.

Property and casualty insurer Travelers Cos Inc reported an 11 percent fall in quarterly profit hurt by higher catastrophe losses and lower underwriting gains.

E-commerce company eBay Inc on Wednesday forecast current-quarter profit largely below expectations, sending its shares down as much as 4.5 percent in extended trading.

E-commerce company eBay Inc on Wednesday forecast current-quarter profit largely below expectations, sending its shares down as much as 4.5 percent in extended trading.

Qualcomm Inc, the largest maker of chips used in smartphones, reported higher-than-expected quarterly adjusted profit and revenue, helping allay concerns about the company's patent-licensing business.

Qualcomm Inc, the largest maker of chips used in smartphones, reported higher-than-expected quarterly adjusted profit and revenue, helping allay concerns about the company's patent-licensing business.

American Express Co on Wednesday posted a better-than-expected first-quarter profit, helped in part by higher spending by card members, and the company's shares rose 2.3 percent in trading after the bell.

American Express Co on Wednesday posted a better-than-expected first-quarter profit, helped in part by higher spending by card members, and the company's shares rose 2.3 percent in trading after the bell.

No. 3 U.S. railroad CSX Corp on Wednesday reported a better-than-expected quarterly net profit driven by rising freight volumes across most of the markets it covers and said it plans to cut costs and boost profitability moving forward.

No. 3 U.S. railroad CSX Corp on Wednesday reported a better-than-expected quarterly net profit driven by rising freight volumes across most of the markets it covers and said it plans to cut costs and boost profitability moving forward.

The S&P 500 and Dow closed lower and the Nasdaq advanced on Wednesday as investors digested the latest round of earnings, while a drop in oil prices weighed on the energy sector.

The S&P 500 and Dow closed lower and the Nasdaq advanced on Wednesday as investors digested the latest round of earnings, while a drop in oil prices weighed on the energy sector.

Big Blue shares were washed in red Wednesday as they dropped nearly 6% and traded at a four-month low – dragging the Dow Jones Industrial Average into negative territory – after the company posted its first revenue miss in five quarters.