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Tech shares and muted GDP growth push S&P 500 to record

NEW YORK Wall Street rose on Friday, with the S&P 500 index hitting a record intraday high for the seventh time this month as gains in technology heavyweights Alphabet and Amazon more than made up for losses in energy shares. | Video

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U.S. extends oversight of Fiat Chrysler safety practices by a year

WASHINGTON U.S. auto safety regulators said on Friday they were extending oversight of Fiat Chrysler Automobiles NV for an additional year, requiring the Italian-American automaker to submit to monthly meetings and early disclosures of potential vehicle issues.

3:14pm EDT

No clean bill of health for EU banks in stress test

LONDON Banks from Italy, Ireland, Spain and Austria fared worst in the latest European Union stress test, which the region's banking watchdog said on Friday showed there was still work to do in order to boost credit to the bloc's economy.

Ireland, Italy, Spain 6:18pm EDT

'Sell everything,' DoubleLine's Gundlach says

NEW YORK Jeffrey Gundlach, the chief executive of DoubleLine Capital, said on Friday that many asset classes look frothy and his firm continues to hold gold, a traditional safe-haven, along with gold miner stocks.

5:03pm EDT

Exclusive: California regulator says testing to begin on Volkswagen diesel fix

Volkswagen AG and the California Air Resources Board will begin testing hardware and software that could help the German automaker avoid buying back as many as 475,000 diesel cars sold in the United States with improperly designed pollution controls, the head of the board told Reuters.

1:41pm EDT

Pennsylvania attorney general announces Hershey trust reform deal

HARRISBURG, Penn. The Pennsylvania Attorney General's office on Friday unveiled the terms of a reform agreement with the charitable trust that controls Hershey Co that includes a 10-year term limit for trustees and limits on their compensation to $110,000.

4:33pm EDT

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