US Markets

The pact, which may add half a point to U.S. GDP this year, is only the initial phase of a broad agreement that Trump has said may come in as many as three sections.

Under the phase one U.S.-China trade agreement, Beijing has agreed to buy between $40 billion and $50 billion in American agriculture -- roughly 25 percent of overall purchases, the secretary of agriculture said.

Top level U.S. and Chinese officials convene in Washington to sign a vastly important trade agreement that will be "quite a spectacle," FOX Business' Stuart Varney argued in his latest "My Take."

Money manager is facing public scrutiny over how it exercises its responsibility as a shareholder on behalf of its fund investors.

Interest-rate cuts have lowered revenue for lenders across the country.

Wall Street firms including JPMorgan and Citigroup have eased the impact of falling rates with growth in fixed-income trading.

The signing of the phase one deal de-escalates the more than 22-month long trade war.

Bank earnings, coupled with the US-China trade deal, drive volatile session.

"We need not wait for legislation to tackle this issue head-on," FTC Commissioner Rebecca Kelly Slaughter said.

As the U.S. and China prepare to sign the phase one trade deal, Chinese officials are appealing to American companies for their business, FOX Business' Edward Lawrence reported.

Despite the loss, short-sellers aren't giving up their bets that the stock price is headed for a fall.

The firm wants to stop investing that money in companies that pose "climate risk," Blackrock CEO Larry Fink wrote.

Wells Fargo earned $2.9 billion, or a diluted 60 cents a share, as revenue slipped 5.2 percent year-over-year to $19.98 billion.

The bank earned $2.57 a share in the fourth quarter as revenue rose 8.4 percent year-over-year to $28.3 billion.

The Trump administration's new labor regulation will bring clarity to the joint employment process, further helping an economy that is delivering prosperity to those who historically lacked opportunity, according to Labor Secretary Eugene Scalia.

Investors look ahead to the signing of a partial trade deal with China and the start of earnings season.

The $612 price target is the highest among Wall Street banks.

“This asset is highly complementary to our existing pipeline of potential disease-modifying therapies in Alzheimer’s and Parkinson’s diseases,” Biogen Chief Medical Officer Alfred Sandrock Jr. said in a statement.

Lululemon CEO Calvin McDonald said customers were "responding well to our innovative merchandise offerings."

US stocks slipped on the final trading day of the week.