Page 49 - William Ackman News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Provided by Dow Jones By Caitlin Ostroff and Akane Otani U.S. stocks rose Friday, heading for slight weekly gains, after the monthly employment report showed the labor market continued its slow recovery in May. The Dow Jones Industrial Average gained 138 points, or 0.4%, to 34715 shortly after the opening bell. The S&P 500 added 0.5%, while the Nasdaq Composite advanced 0.7%. Friday's gains put U.S. stocks on track to post muted advances for the week, even after a pullback in shares of health and consumer-discretionary companies partially offset broad gain...

Airlines under pressure as UK removes countries from green list

The three major US equity benchmarks ended a positive week on a high note as the labour market’s recovery slowed, bolstering the Fed’s patient policy stance.

Universal Music Group is in talks to sell a 10% stake in a deal that would value the...

The Labor Department's closely watched report showed nonfarm payrolls increased by 559,000 jobs last month, helped by vaccinations and a reopening economy, following an unexpected slowdown in the labor market in April. Worries that a robust economic rebound could lead to a prolonged period of inflation and prompt the Fed to contemplate paring back its crisis level support have weighed on investors' minds recently. Wall Street's main indexes were set to rise for at least second straight week on optimism about an economic rebound amid a raft of encouraging data this week.