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  • May 1- U.S. stocks bounced back sharply on Friday as investors snapped up some of this week's most beaten-down shares, including in the healthcare and technology sectors, though indexes posted losses for the week.

  • *Oil dips after Iraq says crude exports hit record in April. All major European markets except London, its biggest, were closed on Friday for the May Day holiday, while many Asian markets were also shut. London's FTSE 100 index inched higher on a surge in the shares of Lloyds bank and mining companies.

  • *Gilead leads as biotechs ends 5- day losing streak. May 1- Wall Street was higher at midday on Friday, with the Nasdaq recording gains for the first time this week, as healthcare and technology stocks rebounded, and as data pointed to a pick-up in economic activity. Gilead led the gains on the Nasdaq and the S&P 500 with a 4.4 percent increase to $104.90.

  • *Oil dips after Iraq says crude exports hit record in April. All major European markets except London, its biggest, were closed on Friday for the May Day holiday, while many Asian markets were also shut. London's FTSE 100 index inched into positive territory after miners advanced on expectations of further stimulus in China, the world's top metals consumer. 1/ 8 ID:...

  • NEW YORK— U.S. stocks are moving higher in midday trading as the market bounces back from a steep decline the day before. Expedia jumped 8 percent Friday after the online travel company reported sales that beat analysts' estimates. The Dow Jones industrial average rose 115 points, or 0.7 percent, to 17,956 as of 11:45 a.m. Eastern time.

  • May 1- Wall Street rose at the open on Friday as healthcare and technology stocks, led by Gilead and Apple, rebounded after two weak sessions, and despite data that came in lower-than-expected. Apple shares rose 1.5 percent to $126.94 and was the biggest driver on the Dow, Nasdaq and S&P 500.. Gilead led the gains with a 3 percent increase to $103.53 after its...

  • "It's an odd day in the markets," said Jack Ablin, chief investment officer at BMO Private Bank. The online travel company turned in sales that topped Wall Street's estimates, driving its stock up $7.46, or 8 percent, to $101.69. Charlie Smith, chief investment officer at Fort Pitt Capital Group, cautioned against reading too much into a day with light trading.

  • NEW YORK— U.S. stocks are moving higher in early trading as the market bounces back from a steep decline the day before. Athenahealth, which makes billing and medical software, rose early Friday after reporting that its income nearly doubled. The Dow Jones industrial average rose 107 points, or 0.6 percent, to 17,955 as of 9:35 a.m. Eastern time.

  • May 1- U.S. stocks were poised to open higher on Friday ahead of the release of data that could support signs that the economy is regaining momentum after stumbling in the first quarter. Construction spending is expected to have risen in March after slipping in February, while the Institute for Supply Management's manufacturing index is expected to have...

  • May 1- U.S. stock index futures were higher on Friday ahead of the release of data that could support signs that the economy is regaining momentum after stumbling in the first quarter. *Construction spending is expected to have risen in March after slipping in February, while the Institute for Supply Management's manufacturing index is expected to have...

  • Legg Mason tops Street 4Q forecasts Friday, 1 May 2015 | 7:21 AM ET

    BALTIMORE _ Legg Mason Inc. on Friday reported fiscal fourth-quarter profit of $83 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share. Legg Mason shares have dropped slightly more than 1 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed slightly more...

  • Duke Energy beats 1Q profit forecasts Friday, 1 May 2015 | 7:21 AM ET

    CHARLOTTE, N.C.— Duke Energy Corp. on Friday reported first-quarter net income of $864 million, after reporting a loss in the same period a year earlier. Duke Energy expects full-year earnings in the range of $4.55 to $4.75 per share. Duke Energy shares have dropped 7 percent since the beginning of the year, while the Standard& Poor's 500 index has risen slightly...

  • Weyerhaeuser misses Street 1Q forecasts Friday, 1 May 2015 | 5:03 AM ET

    FEDERAL WAY, Wash. _ Weyerhaeuser Co. on Friday reported first-quarter net income of $101 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share. Weyerhaeuser shares have dropped 12 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed slightly more than 1...

  • *China's official PMI shows manufacturing sector barely grew. TOKYO, May 1- An index of Asian shares recovered from session lows but struggled to stay positive on Friday after weak corporate earnings dented Wall Street, while the dollar clawed back some losses after suffering its worst monthly performance in four years against a basket of six major currencies.

  • TOKYO, May 1- Japanese stocks slipped as traders reduced their exposure ahead of Golden Week holidays in Japan and as uncertainty around corporate earnings and global economic growth sapped confidence. The Nikkei share average hit an intraday one-month low of 19,399.16, its weakest level since April 6, though it pared losses to end almost flat at 19,531.63.

  • --Clyde Russell is a Reuters columnist. The Toronto Stock Exchange- based index groups together the world's top gold producers, including No.1 Barrick Gold Corp, which is up 20.5 percent this year in U.S. dollar terms, and No.2 Newmont Mining Corp, which has gained 40 percent. The No.3 producer, Johannesburg- listed AngloGold Ashanti, is up 32 percent since the start of...

  • Japanese stocks drifted lower Friday after weak U.S. earnings underlined an uncertain economic outlook and dented Wall Street. KEEPING SCORE: Japan's Nikkei 225 was down 0.4 percent at 19,431.52 while Australia's S&P/ASX 200 added 0.6 percent to 5,824.60. Most markets in Asia and Europe are closed for the holiday.

  • *Players reduce market exposure ahead of Japan's "Golden Week" Uncertainty on global economic outlook saps risk appetite. TOKYO, May 1- Japanese stocks on Friday fell to its lowest level in almost a month as traders reduced their exposure ahead of Golden Week holidays in Japan and as uncertainty around corporate earnings and global economic growth sapped...

  • TOKYO, May 1- Asian shares dipped on Friday after weak corporate earnings dented Wall Street, while the dollar nursed its losses after marking its worst monthly performance in four years against a basket of six major currencies. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.4. Friday's activity is likely to be subdued, with some of Asia...

  • Eastman Chemical tops 1Q profit forecasts Thursday, 30 Apr 2015 | 6:06 PM ET

    KINGSPORT, Tenn. _ Eastman Chemical Co. on Thursday reported first-quarter profit of $171 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.61 per share. Eastman Chemical shares have increased slightly since the beginning of the year, while the Standard& Poor's 500 index has climbed slightly more than 1...