DJIA: 18,080.14  +21.45 (0.12%) | NASDAQ: 5,092.085  +36.021 (0.71%) | S&P 500: 2,117.69  +4.76 (0.23%) Markets closed

  • Show Article Details

    opened mostly higher on Friday and were on track to book weekly gains. The Nasdaq Composite was trading in record territory after recording a record close on Thursday for the first time in 15 years. The tech-heavy index opened up 31 points, or 0.6%, at 5,088. Friday's gains were fueled by a rally in the technology sector following better- than-expected earnings from companies such as Amazon.com and Microsoft.

  • Show Article Details

    * Greece, creditors wrestle over reforms to reach debt deal * Weak U.S. business investment data spurs bids for bonds * Analysts see no hint of rate move from U.S. Fed next week By Richard Leong NEW YORK, April 24 (Reuters) - U.S. Treasuries prices rose on Friday as data showing weakness in U.S. business investment in March supported the view that it is unlikely the Federal Reserve will signal next week it is close to raising interest rates. The absence of a breakthrough in debt negotiations between Greece and its creditors also underpinned safe-haven demand for low-risk government debt, analysts said. In advance of the two-day Federal Open Market Committee meeting that will begin next Tuesday, benchmark yields have traded in a 21 basis point range between 1.80 percent 2.01 percent in the past four weeks. "We expect the FOMC to leave everything on the table and maintain a similar tone to the last statement," said Ira Jersey, head of U.S. interest rate strategy at Credit Suisse in New York. "We think the long end will remain relatively stable even if the Fed does become a bit more hawkish." A wave of disappointing domestic data since the previous FOMC meeting has spurred economists to downgrade their outlooks for the U.S. economy in 2015. The U.S. Commerce Department said on Friday non-defense capital goods orders, excluding aircraft, a closely watched proxy for business spending plans, fell 0.5 percent last month. In overseas developments, Greece offered some concessions on Friday on reforms demanded by international lenders in return for new funding, but euro zone creditors said negotiations must speed up to get a deal done by June, when the Greek government is expected to run out of cash. The rise in Treasuries prices was muted by record highs on the Nasdaq and the Standard & Poor's 500 index together with a pullback in German Bunds, whose 10-year yields were on track for their biggest weekly rise since December. [IED:nL5N0XL26F] In early U.S. trading, benchmark U.S. 10-year Treasury notes were up 7/32 in price for a yield of 1.921 percent, down 2.6 basis points from Thursday. The 10-year yield was set to rise 7 basis points on the week after hitting 1.993 percent on Wednesday, which was the highest in 3-1/2 weeks, according to Reuters data. The 30-year bond was up 10/32 in price to yield 2.621 percent, down nearly 2 basis points. The yield was on track to rise 11 basis points on the week. (Reporting by Richard Leong; Editing by Peter Galloway)

  • Show Article Details

     RBC Capital Markets upgraded Juniper Networks (JNPR) to "outperform" from "sector perform" on Friday with a price target of $29. The analyst firm said its 2015 EPS estimates for the networking and communication equipment maker to $1.65 a share from $1.50 a share. The upgrade and higher EPS estimates come a day after Juniper announced its first quarter results, which beat analysts' estimates.

  • Show Article Details

    U.S. Treasuries prices firmed on Friday, erasing earlier losses, on Friday after data on durable goods orders in March showed continued weakness in business investment spending, supporting the view the U.S. economy is not strong enough for the Federal Reserve to raise interest rates.

  • Show Article Details

    Shares of Apple Inc  are gaining, higher by 0.56% to $130.40 in pre-market trading Friday, after analysts at Deutsche Bank raised its price target on shares of the iPhone maker to $125 from $110 this morning. Deutsche analysts also increased their iPhone sales estimate for the March quarter to 60 million from 55 million, and expects Apple to report another strong quarter.

  • Show Article Details

    - The Nasdaq Composite and S&P 500 chalked up record high closes on Friday, propelled by strong results from tech behemoths Google, Amazon and Microsoft. The Nasdaq Composite added 0.71 percent to end at 5,092.09, its second straight record high close. Amazon surged 14.13 percent to a lifetime high after revenue beat estimates.

  • Show Article Details

    * Futures up: Dow 13 pts, S&P 2 pts, Nasdaq 26 pts. U.S. stock index futures rose on Friday as strong results from tech behemoths Google, Amazon and Microsoft set the Nasdaq Composite on track to set a record closing high for the second straight day.

  • Show Article Details

    Updated from 7:10 a.m. Here are 10 things you should know for Friday, April 24: 1. -- U.S. stock futures were rising Friday, with Nasdaq futures strongly up after an all-time high 15 years in the making.

  • Show Article Details

    There's plenty of punditry right now about the outlook for U.S. interest rates in 2015.. Unfortunately, most talking heads haven't learned a thing from the past few years of monetary policy and somehow take it as a certainty that the Fed must raise rates this year. And even if the Fed does raise rates, it's highly unlikely that the central bank will enact a rate hike of more than 0.50% in the next 12- to 18 months.

  • Show Article Details

    Emerging market stocks hit new seven-month highs on Friday, led by robust gains in Asia, as lacklustre U.S. economic data fed a consensus that Fed rate hikes are less imminent than once feared. The MSCI emerging equities index gained 0.6 percent to its highest level since last September. The MSCI Asia Pacific ex-Japan benchmark advanced 0.8 percent and was trading at a seven-year high.

  • Show Article Details

    The following are some of the factors that may move German stocks on Friday: DEUTSCHE BANK. The bank's executives are due to present strategic options to the supervisory board.

  • Show Article Details

    Equity markets worldwide climbed to record highs on Friday as solid corporate earnings and an all-time peak for the Nasdaq stock index stoked investor optimism, while the dollar eased on gloomy U.S. economic data.

  • Show Article Details

    Juniper Networks Inc.' s profit fell in the first quarter, but the company reported better-than-expected results and guidance. The year-ago period was bolstered by an investment gain. Shares, down 3% over the past 12 months, rose 8% in recent after-hours trading on the better-than-expected results and guidance.