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Stocks End Higher, Set New Highs as Weak Jobs Data Drives Optimism for New Pandemic-Relief Deal
4:35PM ET 12/04/2020 MT Newswires

The market's three main benchmarks ended at record levels on Friday after a weaker-than-expected jobs report for November stoked expectations that...

US Oil Rig Count Rises by Five; Crude Futures Pop as OPEC, Allies Curb Output Cuts
2:12PM ET 12/04/2020 MT Newswires

Oil rigs operating in the US rose this week, according to data compiled by energy-services firm Baker Hughes (BKR). The count rose by five to 246 in the...

Stocks Advance, Head Toward Weekly Win as Slower Job Growth 'Increases Pressure' for Fiscal Stimulus Deal
12:30PM ET 12/04/2020 MT Newswires

Stocks advanced Friday and appeared set to solidify gains for the week after a slowdown in US job creation stoked expectations that lawmakers will reach a...

Movie Theaters Set to Push for 'Far Fewer' Films on HBO Max After Warner Bros. Plans Simultaneous Releases
12:00PM ET 12/04/2020 MT Newswires

Movie theater operators will push to have "far fewer films" released on HBO Max, the streaming service from AT&T's (T) WarnerMedia, with talks likely to be...

November Jobs Growth Slows More Than Expected as Permanent Layoffs 'Remain Stubbornly High'
11:18AM ET 12/04/2020 MT Newswires

Payroll employment growth slowed more than expected in November as the labor market in the world's top economy continued its bumpy recovery from the...

Big Lots Posts Record Fiscal Third-Quarter Adjusted Earnings, Comparable-Store Sales Growth, Sees 'Strong Start' to Holiday
10:01AM ET 12/04/2020 MT Newswires

Big Lots (BIG) on Friday posted record fiscal third-quarter adjusted earnings and comparable-store sales growth as the retailer said it is seeing a "strong...

Stocks Strengthen in Early US Trading Even After Jobs Data Miss; COVID-19 Stimulus in Focus
9:54AM ET 12/04/2020 MT Newswires

Stocks clung to gains in early trading on Friday even after disappointing data on the US labor market, as hopes for another round of COVID-19 stimulus...

DocuSign Third Quarter Blows Past Prior-Year Results, Street Views; Analysts See E-Signature Trend Lasting Beyond Pandemic
8:28AM ET 12/04/2020 MT Newswires

DocuSign (DOCU) reported fiscal third-quarter earnings and revenue well above year-earlier results and analysts' expectations, boosting fiscal-year revenue...

Marvell Technology's Sales Get Networking Business Boost While Fourth Quarter Revenue Guided In Line With Street
7:48AM ET 12/04/2020 MT Newswires

Marvell Technology (MRVL) reported fiscal third-quarter sales growth amid a surge in the semiconductor company's networking business, while it offered...

Ulta Beauty Issues Mixed Fiscal Third-Quarter Results But Pushes Forward With Plans for Store Openings
6:23AM ET 12/04/2020 MT Newswires

Ulta Beauty (ULTA), a beauty products retailer, reported mixed fiscal third-quarter financial results because of the impact the COVID-19 pandemic had on...

Market Update

Close Update: Dow, S&P 500, Nasdaq Close at Record Highs as Stocks Advance Friday
4:23PM ET 12/04/2020 MT Newswires
Stocks advanced Friday with all the major indexes closing at record highs amid expectations that lawmakers in Washington will be able to come to an agreement on a financial aid package for people and busine... Read more