 | | | | NEW YORK (Reuters) - A surge in Nike Inc shares and a rally in bank stocks lifted Wall Street's major stock indexes on Friday, though all three still posted weekly declines.Based on the latest available data, the Dow Jones Industrial Average rose 59.29 points, or 0.24 percent, to 24,275.34, the S&P 500 gained 2.32 points, or 0.09 percent, to 2,718.63 and the Nasdaq Composite added 6.62 points, or 0.09 percent, to 7,510.30. | | | | | | OTTAWA (Reuters) - Canada struck back at the Trump administration over U.S. steel and aluminum tariffs on Friday, vowing to impose punitive measures on C$16.6 billion ($12.63 billion) worth of American goods until Washington relents. | | | | | | SHENZHEN, China/HONG KONG (Reuters) - Chinese telecoms giant ZTE Corp announced a new board on Friday in a radical management shakeup as part of a $1.4 billion deal with the United States, moving it closer towards getting a devastating American supplier ban lifted. | | | | | | (Reuters) - General Motors Co warned on Friday that expansive U.S. tariffs on imported vehicles being considered by the Trump administration could lead to a "a smaller GM" with fewer jobs while isolating U.S. businesses from the global market. | | | | | | NEW YORK (Reuters) - After a strong rally that saw the Russell 2000 notch a record in three straight sessions in June, smallcap stocks may be showing signs of slowing down, leading some market participants to question whether their recent bulletproof performance is starting to crack. | | | | | | NEW YORK (Reuters) - Wells Fargo & Co has been hit with a lawsuit by a Texas jewelry company accusing it of encouraging thousands of retailers nationwide to charge hidden fees to customers using financing programs created by the bank. | | | | | | LONDON (Reuters) - Bitcoin's value slid to its lowest level since November on Friday, as waning investor interest and recent negative headlines from global regulators weakened demand for the cryptocurrency and most of its rivals. | | | | | | WASHINGTON (Reuters) - U.S. Treasury Secretary Steve Mnuchin said on Friday a report by the Axios news website, that cited sources as saying President Donald Trump wanted the United States to withdraw from the World Trade Organization, was wrong. | | | | | | WASHINGTON (Reuters) - Morgan Stanley agreed to pay a $3.6 million fine on Friday after regulators found it failed to have systems in place to help it detect and prevent the misappropriation of client funds, the U.S. Securities and Exchange Commission said. | | | | | | (Reuters) - Comcast Corp is experiencing service interruption across its business, residential internet, video and voice customers due to a fiber cut at one of its large backbone network partners, the company said in a tweet on Friday. | | | | | |
