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Wall Street opens little changed

U.S. stocks were little changed at the open on Wednesday as investors assessed whether a post-election rally, which has powered the major indexes to a series of record highs in the past month, had more room to run.

Recent Business News

J&J questions fairness of hip implant trial, $1 billion verdict

Johnson & Johnson will challenge the fairness of a trial that produced a verdict of $1 billion in damages against the company last week over allegations of design flaws in its Pinnacle hip implant.

6:51am EST

SoftBank's Son pledges $50 billion, Foxconn eyes U.S. expansion as Trump woos Asian firms

NEW YORK Two of Asia's biggest technology companies said they were looking to expand investment in the United States, as President-elect Donald Trump pushes to bring manufacturing and jobs back home. | Video

Tech, U.S., Deals 6:04am EST

Starbucks sets five-year growth targets, to open 12,000 more stores

Starbucks Corp set an annual revenue growth target of 10 percent and profit growth target of 15-20 percent for the next five years, and the coffee chain said it planned to open 12,000 stores globally by 2021.

9:35am EST

EpiPen maker Mylan says may cut jobs

Generic drugmaker Mylan NV said on Wednesday it may cut less than 10 percent of its global workforce as part of a restructuring program.

9:03am EST

Poll: U.S. bull market seen extending into 2017 but Trump a wild card

NEW YORK The U.S. stock market's bull run since 2009 will extend into 2017 if President-elect Donald Trump's plans to stimulate the economy with infrastructure spending and financial deregulation come to pass, according to strategists in a Reuters poll.

9:28am EST


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