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The index was driven higher by new hopes for a partial US-China trade deal. A deal could be signed as soon as this month, President Trump said Friday.
A new venture backed by Morgan Stanley and UBS is seeking to become a low-cost alternative to the New York Stock Exchange and Nasdaq
Members Exchange is looking to launch as early as mid-2020, and may offer early traders rebates to kick off activity on the new exchange.
Nasdaq’s CEO was reportedly so eager to win WeWork’s IPO that she proposed creating an entire stock market index named after it
Adena Friedman told WeWork's Adam Neumann she would create the "We 50" for environmentally conscious companies, The Wall Street Journal reported.
Peloton's open was the third-worst since 2008, trailing only SmileDirectClub and ADT. Shares slumped more than 11% by market close.
The coworking startup is battling concerns about its path to profitability and governance ahead of its IPO.
"Treasury yields are climbing away from record lows on Friday...the movements in the bond markets are poised to remain on investors radars in the week ahead."
Apple is poised to add $40 billion to its market cap and surge past the $1 trillion mark after blowout earnings
Apple stock rose 4% in premarket trading after earnings that saw services revenue jump 13% to a record high of around $11.5 billion
China hopes the new equities market will encourage more domestic investment as well as encourage Chinese businesses to list at home.
Oil is being propped up by Middle East tensions after the US used video to blame Iran for tanker attacks
Oil prices on Friday were pushed and pulled between competing drivers of Iran tensions and a supply glut.
Luckin Coffee, a massive but unprofitable Chinese Starbucks competitor, is set to begin trading in the US
Luckin Coffee is set to begin trading Friday on the Nasdaq under the ticker LK.