Not all bad on Wall Street...Oil prices decline ... Trump defends tariffs
NEW YORK (AP) — Investors appear slightly less worried about the global trade situation. The Dow this week was its best in three months and the Nasdaq and Russell 2000 reached all-time highs on Wednesday. The market ended modestly higher on Friday. The S&P 500 added over 8 points, or 0.3 percent. The Dow rose 75 points, or 0.3 percent and the Nasdaq gained 10 points, or 0.1 percent. The Russell 2000 rose more than 4 points, or 0.3 percent.
NEW YORK (AP) — Benchmark U.S. crude oil slid 0.3 percent to $65.74 a barrel in New York on Friday while Brent crude, used to price international oils, fell 0.6 percent to $76.82 per barrel in London. Meanwhile, wholesale gasoline stayed at $2.12 a gallon yesterday. Heating oil shed 0.7 percent to $2.16 a gallon and natural gas fell 1.4 percent to $2.89 per 1,000 cubic feet.
LA MALBAIE, Quebec (AP) — President Donald Trump is issuing a stern warning to foreign countries not to retaliate against U.S. tariffs on the imports of steel and aluminum. The president said at the Group of Seven summit in Canada: “If they retaliate, they’re making a mistake.”
SAN FRANCISCO (AP) — Facebook shared personal information culled from its users’ profiles with other companies after the date when executives have said the social network prevented third-party developers from gaining access to the data. That’s according to a report published Friday by The Wall Street Journal, which cited court documents, company officials and unidentified people familiar with the matter.
NEW YORK (AP) — John Lasseter, the co-founder of Pixar Animation Studios and the Walt Disney Co.’s animation chief, will step down at the end of the year after acknowledging “missteps” in his behavior with staff members. The 61-year-old Lasseter in November took what he called a six-month “sabbatical.” He apologized “to anyone who has ever been on the receiving end of an unwanted hug” or any other gesture that made them feel “disrespected or uncomfortable.”