Stocks post weekly gains after quiet Friday session ahead of Memorial Day
Wall Street wraps winning week in quiet Friday session.
Foot Locker swings to loss in first quarter
Foot locker reported a first-quarter loss of $98 million.
Alibaba profit sinks 88% as investments sour
Alibaba's stock investments lost $1.09 billion in the quarter.
Deere profit plunges 41% amid coronavirus outbreak
The heavy-equipment manufacturer earned $665.8 million, or $2.11 a share, as worldwide net sales fell 18 percent to $9.25 billion.
Stock futures trade lower on China tensions ahead of holiday weekend
Equities are limping into the Memorial Day weekend following the latest Jobless claims numbers
Trump tours Ford plant building coronavirus ventilators
“With your help, not a single American has been denied a ventilator, not a single one,” Trump told Ford factory workers.
Stocks flounder on recovery concerns after coronavirus jobless claims near 39M
Unemployment has reached post-Depression highs amid coronavirus lockdowns.
Macy's swings to loss as coronavirus shutters stores
Macy's sales sank as much as 45 percent as the COVID-19 pandemic prompted a nationwide lockdown.
Hormel posts record sales as coronavirus spurs grocery stockpiling
The food and meat producer posted a second-quarter profit of $227.7 million as net revenue rose 3 percent to $2.4 billion.
AstraZeneca to make billion COVID vaccine doses if tests succeed
The first agreements have been signed to supply at least 400 million doses of the vaccine, which it is developing with Oxford University
Stocks futures fall on jobless claims, China tensions
Another 2.4 million people are expected to have filed jobless claims
Expedia reports bigger loss, suspends dividend as coronavirus impacts travel
Expedia said conditions are improving as cancellations stabilized and lockdowns ease
Insurance comparison firm SelectQuote raises $360M in IPO
SelectQuote said it sold shares at $20 each, above the target range of between $17 and $19 per share
Stocks rally on economic recovery optimism, all 50 states partially open
All 50 states are now partially reopen.
Big money investors fear 2nd coronavirus wave could derail stock market
A vaccine breakthrough is the “most likely V-recovery catalyst,” Bank of America says, referring to a development that might drive a sharp, rapid rebound in markets.
Senate passes bill removing rogue Chinese firms from US stock exchanges
The vote on the bill, introduced more than a year ago, comes as Trump and Congressional Republicans seek to punish Beijing over its handling of the coronavirus pandemic.
China's Luckin Coffee craters as trading resumes after delisting threat
Luckin Coffee said its chief operating officer fabricated as much as $310 million in sales last year.
Target's profit sinks 64% as costs soar amid pandemic
Target's first-quarter gross margin fell to 25.1 percent, from 29.6 percent in 2019, amid higher digital and supply chain costs and increased investments in employee wages and benefits.
Lowe's profit spikes as customers load up during coronavirus outbreak
The home-improvement chain earned $1.34 billion, or an adjusted $1.77 a share, as revenue rose 11 percent year-over-year to $19.68 billion.
Stock futures rise ahead of retail earnings
Earnings are due before the bell from Target and Lowe's.



















