Stocks

Net income applicable to common shareholders rose to $6.47 billion in the second quarter, from $4.75 billion a year earlier.

On a per share basis, BlackRock earned $6.62, compared with $5.20 a year earlier.

Shares edged higher in early European trading on Monday after Asian benchmarks slipped on news that China's economy grew at a lackluster 6.7 percent pace in the last quarter.

Stocks aiming for a fourth straight day of gains.

The order will double the size of DHL's 777 fleet.

Shares edged lower in Asia early Monday after China reported lackluster growth data in line with expectations.

The expected growth didn't materialize for the iPhone X, but Apple is more optimistic this year.

On Friday, the S&P 500 index finished above 2,800 for the first time since Feb. 1.

___ Federal Reserve projects further gradual hikes in key rate WASHINGTON (AP) — The Federal Reserve says that it expects low unemployment and rising inflation will keep it on track to raise interest rates at a gradual pace over the next two years.

Commerce Secretary Wilbur Ross says he is selling off all his vast stock holdings after news reports raised questions about the timing of some of his stock transactions and he received a sharp reprimand from the chief federal ethics officer.

U.S. stocks wrapped up another solid week Friday as industrial and energy companies ticked higher, but quarterly results from several big U.S. banks didn't excite investors.

U.S. stock indexes are slightly lower Friday morning as investors aren't finding much to get excited about in second-quarter reports from big banks like JPMorgan and Wells Fargo.

The latest on developments in financial markets (all times local): 9:35 a.m.

Money Map Press chief investment strategist recommended investing in stocks like Amazon and Alphabet.

JPMorgan Chase says second-quarter profits rose by 18 percent from a year ago, as the bank continues to benefit from higher interest rates and a lower tax bill following last year's passage of President Donald Trump's tax law.

Citigroup reported 2Q profit of $1.63 per share topping the estimate for $1.56 as lower taxes boosted the big bank's revenue, which offset the higher cost of credit.

The nation's biggest bank continues to benefit from new tax law.

Asian shares are mostly higher, rebounding from jitters over the U.S.-China trade disputes for a second straight day.

U.S. stocks wrap winning week.

Trump DOJ appealing judge's OK of AT&T-Time Warner merger WASHINGTON (AP) — Stung by a federal judge's dismissal of its objections to AT&T's megamerger with Time Warner, the Trump Justice Department is challenging the decision with a legal appeal.