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S&P 500 index closes at a record high
The rally came as investors balanced optimism over the possibility that the Federal Reserve could cut interest rates in response to a slowing economy and jitters about the prospects of dimmer corporate profits should a severe slowdown take hold.
WATCH: Trump pledges $16 billion to farmers, markets buckle over trade impasse
President Donald Trump rolled out another $16 billion in aid for farmers hurt by his trade policies, and financial markets shook Thursday on the growing realization that the U.S. and China are far from settling a bitter, year-long trade dispute.
Watch 5:50
News Wrap: Trump blasts House investigations as ‘a disgrace’
In our news wrap Tuesday, President Trump blasted congressional Democrats over a series of new investigations into his administration. The House Judiciary Committee is seeking information from 81 people linked to the president, who calls the probes “a disgrace.” Also,…
Watch 6:00
News Wrap: Somali siege ends with al-Shabab attackers dead
In our Friday news wrap, Somali forces battled al-Shabab militants in Mogadishu, killing the attackers to end a siege that left 29 civilians dead. Also, Otto Warmbier's parents rebuked President Trump for not holding North Korean leader Kim Jong Un…
In our news wrap Wednesday, Pakistan said it shot down two Indian warplanes and captured one pilot amid escalating tensions over Kashmir; India said it lost a single plane and pilot. Pakistan’s prime minister called for “dialogue” between the two…
In our Monday news wrap, President Trump is heading to Vietnam for his second summit with North Korea’s leader, Kim Jong Un, but he’s downplaying expectations around getting Kim to give up his country’s nuclear weapons. Meanwhile, House Democrats are…
In our Friday news wrap, the Trump administration announced it will bar federally funded family-planning clinics from referring women for abortions. Abortion opponents applauded the move, while abortion rights advocates condemned it. Also, R&B star R. Kelly will face multiple…
In our news wrap Thursday, Pope Francis opened a landmark Vatican summit on the Catholic Church’s clerical sex abuse crisis. Some 190 bishops and other leaders listened as he shared 21 proposals for specific action. Meanwhile, a federal judge in…
In our news wrap Wednesday, various news organizations report that the special counsel’s office may be ready to present its findings in the Russia investigation. A report would go first to Attorney General William Barr, who would submit a summary…
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