The S&P 500 and the Nasdaq hit new all-time highs on Thursday as energy and healthcare stocks rose and overall earnings continued to beat expectations.
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LONDON Brent crude oil rose above $50 per barrel for the first time since early June on Thursday, adding to gains made the previous session when falling U.S. crude and oil product inventories lifted the market.
Abbott Laboratories on Thursday raised its full-year adjusted profit forecast as the diversified healthcare company gains from its $25 billion acquisition of medical devices maker St. Jude Medical earlier this year
LONDON U.S. bank Citigroup said on Thursday that it may need to create 150 new jobs in the European Union to deal with the impact of Britain leaving the bloc, as it confirmed it would headquarter its EU trading operations in Frankfurt.
HONG KONG U.S.-based payment card companies, including American Express , MasterCard and Visa , are preparing to submit license requests to operate in China within months, according to three people with direct knowledge of the matter.
Sears Holdings Corp said its Kenmore brand of home appliances would now be available on Amazon.com , sending the struggling retailer's shares up 7 percent in premarket trading on Thursday.