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US home-builder confidence in the market for single family homes rose in May despite increasing building materials costs, an index showed on Wednesday.
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Warren Buffett's Berkshire Hathaway has eliminated its holdings of two stocks: Archer Daniels Midland and General Dynamics.
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Cisco shares jumped after the firm beat on earnings, citing signs of improvement. "I am a little surprised," one trader said, as it was a tough quarter for other networking firms.
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Wal-Mart Stores's quarterly profit just missed Wall Street expectations on Thursday, with sales down 1.4 percent at its Walmart U.S. stores open at least a year.
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President Obama said IRS conduct targeting conservative groups for extra tax scrutiny was "inexcusable" and that acting IRS Commissioner Steven Miller is out.
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The Shanghai Composite rallied over 1 percent on Thursday as investors cheered news of easing regulations while Japan's Nikkei index closed off its five-and-a-half year peak after data showed that capital spending fell for a fifth straight month.
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Japan's economy grew at a faster than expected pace in the first quarter, led by robust private consumption and a rebound in exports on the back of the government's radical policies to reflate the economy.
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Stocks regained their footing in choppy trading Wednesday, with the Dow and S&P 500 closing at a fresh high, but a sharp decline in Apple kept a lid on the Nasdaq's gains.
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Factory activity in the U.S. mid-Atlantic region contracted in May as new orders fell to their lowest level in almost a year, a survey showed on Thursday.
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Tesla announced plans to offer another 2.7 million shares and said CEO Elon Musk will buy another $100 million worth of Tesla stock. Shares shot up after-hours.
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Hedge fund titan David Tepper said he's still bullish on stocks and investors shouldn't worry about the Fed tapering its massive bond-buying program.
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Check out which companies are making headlines after the bell Wednesday:
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Google has reportedly signed licensing deals with Universal Music and Sony Music to launch a subscription music service that would compete with fast-growing start-up Spotify.
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The special committee of Dell board of directors is seeking more details on Carl Icahn's proposed offer for the computer maker.
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The euro zone's economy contracted for the sixth straight quarter at the start of this year, marking its longest recession on records dating back to 1995.
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European shares were higher in early afternoon trade on Wednesday despite preliminary growth data from the euro zone missing estimates.
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Big investors are reporting their quarterly holdings, offering a glimpse into what some of the big fish were buying and selling during the first quarter.
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European shares closed lower on Monday, having pared losses after retail sales data in the U.S. came in better-than-expected. However, shares remained near the five-year highs hit in last week's global rally.
