Chevron Corp's quarterly profit more than doubled, beating forecasts, as a bounce in oil prices offset lower refinery earnings at the second-largest U.S. oil company.
U.S. stocks extended declines on Friday as shares of Goldman Sachs slid on reports of a federal probe into the Wall Street powerhouse and after first-quarter gross domestic product came in weaker than expected.
U.S. stocks fell on Friday as shares of Goldman Sachs tumbled on reports of a federal probe into the Wall Street powerhouse and after first-quarter gross domestic product came in weaker than expected.
Corrects in penultimate paragraph to read that business activity expanded in the U.S. Midwest, not United States
U.S. stocks fell on Friday as shares of Goldman Sachs tumbled on reports of a federal probe into the Wall Street powerhouse and after first-quarter gross domestic product came in weaker than expected.
U.S. stock index futures pointed to a flat open on Friday as worries over debt-laden Greece eased and the economy grew in the first quarter but at slightly slower-than-expected pace.
U.S. stock index futures were slightly higher on Friday ahead of the advance reading of first-quarter gross domestic product and as investors awaited a deal to bail out debt-ridden Greece.
U.S. stock index futures were slightly higher on Friday ahead of the advance reading of first-quarter gross domestic product and investors awaited a deal to bail out Greece.
U.S. stock index futures pointed to a higher open on Wall Street on Friday, as sovereign debt worries in the euro-zone soothed, while investors awaited the advance reading of first-quarter gross domestic product.
Global equities rose and the euro held on to gains on Friday as Greece readied new austerity measures to secure a multi-billion-euro aid package that could be announced in coming days.
Stocks rose on Friday and the euro steadied on hopes that a fractious European Union will agree on a bailout package for Greece within days as it struggles to keep the debt crisis from spreading to other weak countries. Shares were also buoyed by strong earnings reports from major U.S. companies, which pushed up Wall Street stocks and bolstered hopes that the world's largest economy was picking u...
Stocks rose on Friday and the euro steadied on hopes that a fractious European Union will agree on a bailout package for Greece within days as it struggles to keep the debt crisis from spreading to other weak countries.
The Senate opened debate on Wall Street reform on Thursday with an amendment to bar use of taxpayer funds in any future government actions to dismantle financial mega-firms that get into trouble.
U.S. stocks chalked up their best day in nearly two months on Thursday as investors welcomed a string of robust earnings reports, while Greece appeared close to a bailout deal, easing fears about a wider sovereign debt crisis.
U.S. stocks rose on Thursday as investors welcomed a string of solid earnings reports, while debt-laden Greece appeared to be nearing a bailout deal, easing fears about the stability of the euro zone.
U.S. stocks advanced on Thursday after the Federal Reserve said it was more upbeat about the economy and Greece looked closer to a bailout deal.
U.S. stock index futures pointed to a higher open on Thursday after the Federal Reserve said it was more upbeat about the economy and Greece looked closer to a bailout deal.
U.S. fund managers increased their already high exposure to equities in April and decreased bond allocations on signs the economic recovery is sustainable, a Reuters poll showed on Thursday.
U.S. stock index futures rose on Thursday, looking to add to gains in the previous session after the Federal Reserve pledged to keep rates low for an extended period and Visa reported strong quarterly results.
Stock index futures were higher on Thursday, looking to add to gains in the previous session after the Federal Reserve pledged to keep rates low for an extended period.
Stock futures pointed to a stronger start for Wall Street on Thursday, adding to gains in the previous session after a pledge by the Federal Reserve to keep rates low, with investors expected to focus on further corporate earnings.
The euro inched higher on Thursday from a one-year low the previous day as senior European officials gave assurances that they were serious about helping Greece find a way out of its escalating debt crisis.
The euro steadied on Thursday, rebounding from a one-year low the previous day, as the Federal Reserve released a more upbeat view of the U.S. economy, offering some respite for markets as Europe continued to haggle over a bailout package for Greece.
U.S. stocks rose on Wednesday after the Federal Reserve pointed to signs of strength in the economy, comments that gave some relief to investors worried about possible debt defaults in Europe.
U.S. stocks rose on Wednesday after the Federal Reserve pointed to signs of strength in the economy in comments that gave some relief to investors worried about debt defaults in Europe.
Calamos Investments sold its Goldman Sachs Group Inc holdings when the news of the civil fraud charges against the bank hit, fearing the stock was at best dead money, Co-Chief Investment Officer Nick Calamos said on Wednesday.
Dow Chemical Co posted a stronger than expected first-quarter profit on Wednesday as higher pricing and volume pushed revenue up around the globe, news that lifted shares more than 5 percent.
The Dow and the S&P 500 recovered after a sharp selloff on Wednesday, sparked by a credit downgrade of Spain, as investors scooped up beaten-down shares of financial companies.
The Dow and the S&P 500 recovered after a sharp selloff on Wednesday, sparked by a credit downgrade of Spain, as investors scooped up beaten-down shares of financial companies.
Wall Street erased most gains on Wednesday after Spain's rating was downgraded as investors awaited Federal Reserve comments at the end of a two-day policy meeting.