Futures edge higher ahead of retail sales data

(Reuters) – U.S. stock index futures edged higher on Friday, with investors piling on economically sensitive energy, banks and travel stocks ahead of key retail sales data that would shed light on the strength of the economic recovery.FILE PHOTO: The…

Investors eager for earnings amid growth concerns

NEW YORK (Reuters) – Investors are looking to U.S. companies’ upcoming quarterly results and forecasts about the recovery in the second half of 2021 as some worry that the recent economic surge is already waning.FILE PHOTO: A Wall Street sign…

S&P 500 opens at record high on tech boost

FILE PHOTO: A security camera is seen next to signage outside of the New York Stock Exchange (NYSE) in New York City, New York, U.S., June 28, 2021. REUTERS/Andrew Kelly(Reuters) – The S&P 500 index opened at a record high…

Democrats' two-step infrastructure plan draws Republican ire

WASHINGTON (Reuters) -Hours after U.S. President Joe Biden declared “we have a deal” to renew the nation’s infrastructure, the Senate’s top Republican lashed out at plans to follow the $1.2 trillion bipartisan bill with another measure addressing what Democrats call…

Tesla lifts Nasdaq to record-high close, S&P 500 dips

(Reuters) – The Nasdaq climbed to a record-high close on Wednesday, fueled by a rally in Tesla Inc, while the S&P 500 dipped, even as investors cheered data that showed a record peak for U.S. factory activity in June.FILE PHOTO:…