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Major U.S. stock indexes rallied, with the S&P 500, Nasdaq and Dow gaining 0.9%, 1.1% and 0.7%, respectively, after a stretch of poor or indifferent performance.
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Tech shares led U.S. stock indexes higher ahead of a jobs report for April, with the S&P 500 and Dow both rising 0.9% and the Nasdaq gaining 1.5%.
Tech shares led U.S. stock indexes higher ahead of a jobs report for April, with the S&P 500 and Dow both rising 0.9% and the Nasdaq gaining 1.5%.The Wall Street Journal - World -
Hershey’s beats on earnings as Reese’s Caramel, Dot’s Pretzels boost sales
“We are off to a strong start and remain on track to deliver our business strategies and financial commitments for the year,” the company’s CEO said Friday.MarketWatch - Business -
U.S. Stocks Climb After Jobs Report
U.S. stocks were climbing after the latest jobs report showed hiring pulled back sharply in April.The Wall Street Journal - World -
Stretch of I-95 in Connecticut remains closed after fiery crash
A fuel truck crash in Norwalk, Connecticut, shut down I-95 in both directions as thick black smoke rose into the air. That stretch of the highway could be closed through the weekend. Investigators are still looking for what caused the crash. NBC’s ...NBC News - Top stories -
Amgen’s obesity drug puts stock on pace for best day since 2009 as analysts predict big gains to come
One analyst says Amgen’s stock is in the ”early innings of a large move,” fueled by an experimental obesity drug.MarketWatch - Business -
FuboTV’s stock dives as excessively high licensing costs led to loss of content
FuboTV’s took a dive Friday, after the sports-first TV-streaming company reported a first-quarter loss that was only half what was expected, but said monopolistic, extremely high content costs led to the loss of some programming.MarketWatch - Business -
South Korea cracks down on ‘shrinkflation’
Fines threatened for producers who cut product size without informing consumersFinancial Times - World - South Korea -
Apple on pace for best day since 2022 after earnings beat, $110 billion stock buyback
Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program.CNBC - Business - Apple -
Attacks on press freedom around the world are intensifying, index reveals
In the past year, in virtually every region, journalists and independent media outlets faced increasing repression. Political attacks on press freedom, including the detention of journalists, suppression of independent media outlets and widespread ...The Guardian - World -
The Premier League Salary Cap and the $500 Million Elephant in the Room
Clubs voted to push on with plans for a salary cap. Here’s how it could work.The New York Times - Sports
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