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The Nasdaq fell 5.5% for the week, its worst such performance since 2022, while the S&P 500 dropped 3.1% and the Dow eked out a tiny gain. Oil prices climbed to $91 a barrel Friday after Israel's strike against Iran before retreating, closing up 0.2%.
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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 -
UK pulling out of recession as services sector growth accelerates; FTSE 100 at record high – business live
Rolling coverage of the latest economic and financial news. Newsflash: The UK’s services sector has posted the fastest business activity growth in almost a year, reinforcing hopes that the recession is over.. Data firm S&P Global has reported that ...The Guardian - World - United Kingdom -
Sanctions and a hobbled economy pull the rug out from under Iran's traditional carpet weavers
The historic Kashan bazaar in central Iran once sat on a major caravan route, its silk carpets known the world overABC News - World -
Why Friday Afternoon Is the Best Time to Plan Your Week
A time use expert makes the case for setting aside your low-productivity Friday afternoons to plan for the week to come.Inc. - Business -
A Chinese flavor of rap music is flourishing as emerging musicians find their voices
In 2018, the censors who oversee Chinese media issued a directive to the nation’s entertainment industryABC News - World -
The SEC ended a probe into large bets that three prominent investors made on Activision days before the company agreed to be acquired by Microsoft in 2022.
The SEC ended a probe into large bets that three prominent investors made on Activision days before the company agreed to be acquired by Microsoft in 2022.The Wall Street Journal - World -
Starbucks Is Running Out of Americans to Drink Its Expensive Coffee
The chain is banking on foreigners, especially in China, to buy a lot more of its drinks.The Wall Street Journal - World -
Iran's Attack on Israel Offers Kim Jong Un a Test Case of Western Defenses
The assault adds to North Korea’s understanding of how its munitions might perform should it attack Japan or South Korea, two countries whose defenses are increasingly integrated with the U.S.The Wall Street Journal - World - Israel -
Trump trial sees investigator return to the stand as 3rd week nears close
A forensic analyst who works for Manhattan District Attorney Alvin Bragg will resume testimony Friday in former President Donald Trump's trial.CBS News - Politics - Donald Trump -
Friday Briefing
Hamas considers a cease-fire.The New York Times - World
More from The Wall Street Journal
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China Launches Moon Mission in Base Race With U.S.
The Chinese mission has been hailed for its potential for a scientific breakthrough, but the U.S. is closely watching the expedition with trepidation.The Wall Street Journal - World - China -
Puig Shares Jump on Debut
Shares of Jean Paul Gaultier owner Puig rose sharply above the listing price on their trading debut in Spain after the world’s biggest initial public offering so far this year.The Wall Street Journal - World -
USD/JPY Could Return to 160; BOJ Should Stop Balance-Sheet Expansion, BlueBay Says
USD/JPY could still rise back to 160, once Japanese intervention ends, should the U.S. economy remain upbeat, BlueBay said.The Wall Street Journal - World -
New EU Cyber Rules for Electricity Providers Aim to Prevent Cascading Outages
Critical power suppliers will be required to submit cybersecurity assessments every three years and implement protections.The Wall Street Journal - World - European Union -
Starbucks Is Running Out of Americans to Drink Its Expensive Coffee
The chain is banking on foreigners, especially in China, to buy a lot more of its drinks.The Wall Street Journal - World