U.S. stocks were little changed on Friday after Alphabet and Amazon's strong results lifted technology stocks, helping offset losses in energy shares.
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LONDON Oil prices fell to their lowest levels since April on Friday, with Brent on track for its biggest monthly loss since December 2015, pressured by slowing economic growth that threatened to increase a supply overhang of crude and refined products.
CHICAGO United Parcel Service Inc reported a higher quarterly net profit on Friday that met analyst expectations as revenue grew across its business units, and the company reaffirmed its full-year earnings outlook despite global economic uncertainty.
Credit Suisse Group AG , which exited its U.S. private wealth business last year, is building out a new investment banking group in the region to serve billionaires.
AutoNation Inc Chief Executive Mike Jackson told Reuters the U.S. auto dealership chain will continue reducing stocks of unsold vehicles at its stores, responding to signs that U.S. vehicle sales growth has hit a plateau.
FRANKFURT Mercedes-Benz has withdrawn an advert in the United States which compared its new E-class with a futuristic self-driving concept car following allegations from local consumer groups that the marketing claims were misleading.