U.S. equities closed higher in choppy trade on Friday after Donald Trump took a protectionist tone in his first speech as president.
General Electric Co., down 68 cents to $30.53. Procter& Gamble Co., up $2.75 to $87.45. Skyworks Solutions Inc., up $10.21 to $88.67.
NEW YORK— The latest on developments in financial markets:. Traders were keeping a close eye on the inauguration of Donald Trump as U.S. president and on corporate earnings. Procter& Gamble rose after releasing a strong growth forecast, while General Electric fell after the conglomerate reported fourth-quarter revenue that fell short of analysts' estimates.
Some of the names on the move ahead of the open.
U.S. stock index futures pointed to a higher open Friday as traders eyed the inauguration of President-elect Donald Trump.
Procter & Gamble on Friday reported second-quarter earnings and revenue that topped analysts' expectations.
CINCINNATI _ Procter& Gamble Co. on Friday reported fiscal second-quarter profit of $7.88 billion. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share. Eight analysts surveyed by Zacks expected $16.8 billion.
GE, Procter & Gamble, and IBM stocks are making headlines on Wall Street today.
Another crop of encouraging company earnings news also helped lift the market, but investors were mostly focused on events in Washington as Donald Trump was sworn in as the 45th president of the United States. Among topics of particular interest to Wall Street, the speech touched on trade and the Trump administration's intention of protecting the U.S. from "the...
In a bid to connect with young families, Target has signed on as an official partner of Major League Soccer.
Reynolds American Inc., up $1.71 to $57.68. Morgan Stanley, down $1.66 to $42.15. Wal-Mart Stores Inc., up $1.29 to $68.42.
"JPMorgan is a totally defensible buy because it doesn't sell at a high multiple to earnings," Cramer says.
Nearly one-fifth of the Dow Jones industrial average has been downgraded since Jan 3.
The market is a "coiled spring" right now and bank earnings could push stocks past the tipping point.
Nearly 70 percent of the world's most innovative companies in 2016 were American, according to a new survey of global executives released on Thursday.
Is the bank run overdone? Analysts are sounding a note of caution ahead of Q4 earnings.
If the dollar keeps rising, investors may want to rethink consumer staples in their portfolios.
Erin Gibbs, S&P Global, and Max Wolff, 55 Capital, discuss big name consumer staples with Brian Sullivan.
Investors are putting too much pressure on Goldman Sachs to carry the Dow to 20,000, CNBC's Jim Cramer said on Monday.
Goldman's December quarter sales estimate for Procter & Gamble is 2 percent below the Wall Street consensus.