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Trump's lawyers say Trump SoHo exit undermines emoluments lawsuit

U.S. lawyers representing President Donald Trump on Friday said the Trump Organization's exit from a luxury hotel in lower Manhattan undermines a lawsuit in which rival hotels and restaurants are challenging his alleged illegal receipt of payments from foreign governments while in office.

Tech leads S&P above 2,600; Amazon, other retail stocks gain

Technology stocks led the S&P 500 and Nasdaq to record closing highs on Friday, with the S&P ending above 2,600 points for the first time, while Amazon and retail stocks got a boost from signs of a strong start to the holiday shopping season.

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