These are the stocks posting the largest moves before the bell.Market Insiderread more
May had failed to win a parliamentary majority on Britain's withdrawal from the European Union.Europe Politicsread more
"We have a high degree of confidence that AMZN shares can reach this level with no major acquisitions or other significant changes to the business."Investingread more
Investors are rushing into the relative safe haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet.Real Estateread more
China denounced U.S. Secretary of State Mike Pompeo for fabricating rumors after he said the chief executive of China's Huawei was lying about his company's ties to the...World Politicsread more
U.S. President Donald Trump on Thursday predicted a swift end to the ongoing trade war with China, although no high-level talks have been scheduled between the two countries.World Economyread more
A downgrade from BMO analysts led to an unsavory drop in Chipotle's stock, and some analysts are advising waiting out the weakness.Trading Nationread more
President Donald Trump has threatened tariffs on another $300 billion worth of Chinese goods — but Chinese PC-maker Lenovo is prepared to shift its production if that happens,...Technologyread more
Indian Prime Minister Narendra Modi won a landslide re-election victory. That could see India taking a more assertive security stance.Asia Politicsread more
The Wall Street Journal and The New York Times, citing people familiar with the deal, reported that $30 million would go to plaintiffs and $14 million would be used to pay...Entertainmentread more
Danish shipping group A.P. Moller-Maersk on Friday posted first-quarter profit close to expectations and warned that trade tensions and slowing economic growth constitute...Earningsread more
Australian employment rose by less-than-expected in May with gains led wholly by part-time work while the jobless rate ticked down to its lowest since November, a mixed outcome that points to tepid wages growth.
Figures from the Australian Bureau of Statistics (ABS) released on Thursday showed the unemployment rate eased to 5.4 percent from 5.6 percent in April. It has remained between 5.4 percent and 5.6 percent for almost a year now.
According to some estimates, Australia's labor market will be considered at or near full employment when the jobless rate falls to 5 percent or lower.
"A key reason why the unemployment rate isn't falling even more is because more people are entering the job market in the search for work. Workforce participation is just off record highs," said CommSec chief economist Craig James.
The participation rate dipped a bit to 65.5 percent from 65.6 in April, but has stayed near levels seen in 2011 as more women and senior citizens entered the labor force.
Overall, 12,000 net new jobs were added in May, below expectations of 18,000. Annual job growth of about 3 percent was almost double the U.S. pace of job creation of 1.6 percent.
But the breakdown of the May series was less encouraging, with a 32,700 surge in part-time jobs when full-time work plunged by 20,600. April full-time work was also downwardly revised to show a gain of 28,000 from a 32,700 increase earlier.
With labor supply expanding to meet demand, there is less upward pressure on wages and inflation and thus no near-term trigger for a rise in interest rates from the Reserve Bank of Australia (RBA).
"Rates will remain on hold until there is firm evidence that skill shortages are leading to broader-based increases in wages, and therefore higher selling prices," CommSec's James said.
The RBA last cut rates to a record low 1.5 percent in August 2016 and is seen likely to keep policy unchanged for another year.
Data out last month showed annual wage growth was a feeble 2.1 percent in the March quarter, half the rate enjoyed by workers during the decade-long mining boom that began in the early 2000s.