Shares of Pacific Gas & Electric Co. soared Friday after California's top utility regulator said his agency will help the company deal with potentially crippling liability costs from wildfires.
___ Brexit, Italy, trade: Risks piling up for Europe's economy FRANKFURT, Germany (AP) — Europe's long-running economic rebound is facing a mid-life crisis as it copes with worries including a potential debt explosion in Italy, an escalating US-China trade war and a potentially disruptive British exit from the European Union.
U.S. stock indexes closed mostly higher Friday after another day of volatile trading.
A late afternoon wave of buying moved U.S. stocks higher Thursday.
The latest on developments in financial markets (all times local): ___ 9:35 a.m.
Dow, S&P, Nasdaq on track for first down week in three
Shares were mixed in Asia on Friday on revived concerns over the prospects for a breakthrough in trade tensions between the U.S. and China.
Viacom said worldwide affiliate revenue was $1.19 billion, beating estimates of $1.17 billion, according to data from Refinitiv.
Trump says the U.S. may not have to put more tariffs on China.
U.S. stocks moved broadly lower in early trading Thursday, extending the market's losing streak into a sixth day.
Stocks closed higher on Wall Street Thursday, breaking a five-day losing streak for the market.
The latest on developments in financial markets (all times local): 9:35 a.m.
Walmart is reporting surging online sales, strong performances at established stores, and it's raising profit expectations for the year heading into the holiday shopping season.
Even the most balanced investors have gotten knocked on their heels this year.
J.C. Penney Co. (JCP) on Thursday reported a loss of $151 million in its fiscal third quarter.
Carl Icahn sued Dell earlier this month and had said VMWare should be worth $300 per share.
Most Asian stock markets gained Thursday after Wall Street fell and Britain's Cabinet endorsed a draft agreement to leave the European Union.
Struggling department store chain J.C. Penney reported Thursday that its third-quarter sales fell 5.3 percent while net income tumbled 20.8 percent.
Optimism over trade talks lift investor spirits.
GE has seen its stock value fall below the $8 mark for the first time since the financial crisis.
