1 Min Ago
Friday rally puts major indexes on track for winnings weeks
Friday’s advance has pulled the three major averages solidly into winning territory for the week.
As of Friday morning, the S&P 500 was now trading about 0.5% above its flatline for the week. The Dow climbed 1.2% on the week, while the Nasdaq Composite has added 1.4%.
Heading into Friday’s session, the S&P 500 and Nasdaq were both down more than 0.5% on the week, while the Dow was marginally below its flatline.
— Alex Harring
29 Mins Ago
Labor force participation rate hits highest level on record for women in April
The labor force participation rate for prime-age women between 25 and 54 years old rose to 78% in April, hitting the highest level on record since 1948.
The figure is up from a participation rate of 77.7% in March.
— Samantha Subin, Gina Francolla
59 Mins Ago
Russell 2000 on pace for second straight week of gains
The Russell 2000 was last up around 0.8%, on pace for its third straight positive day. Small-cap leaders on Friday include Opendoor, Twist Bioscience, Re/Max and Alignment Healthcare, all higher by more than 20%.
The index traded above its 50-day moving average level of 2,039.16 for the first time since April 11.
Week to date, the Russell 2000 is up 1.5%, on track for its second consecutive positive week.
See Chart…
Russell 2k the past week
An Hour Ago
Amgen heads for best day in nearly 15 years
Igor Golovniov | Lightrocket | Getty Images
Amgen shares popped 12% on Friday, putting the drugmaker on pace for its best daily move in nearly 15 years.
Shares surged on the back of strong quarterly results and the company offered an encouraging update on its experimental obesity drug candidate.
If Amgen closes at these levels, the stock will register its best day since July 8, 2009, when shares jumped nearly 14%.
— Samantha Subin
2 Hours Ago
Trump Media auditor charged by SEC with ‘massive fraud’
BF Borgers Offices in Lakewood, Colorado.
Google Earth
The auditing firm for Trump Media and the auditor’s owner were charged Friday with “massive fraud” by the U.S. Securities and Exchange…
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