Officials believe there are no survivors following a crash in DC between a passenger plane and an Army helicopter.
Stocks traded mostly higher after President Trump, while being interviewed at the World Economic Forum in Davos, said he would “demand that interest rates drop immediately.” Trump didn’t mention the Federal Reserve in his comments,
The jet-engine maker's quarterly revenue [blew past estimates](
U.S. stock futures were mixed on Thursday following Wednesday's rally. Futures of benchmark indices were lower except Dow Jones.
GE Aerospace posts strong Q3 results, announces $7B stock buyback; shares soar. American Airlines expects a significant Q4 loss; EA cuts 2025 net bookings guidance.
American Airlines forecast 2025 profit below Wall Street expectations as the carrier braces for higher costs stemming from expensive labor contracts signed last year, sending its shares down 8% on Thursday.
Transmissions show early instruction for an Army helicopter to avoid the passenger jet.
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Novo Nordisk shares surged on the results of a new obesity-drug study Friday. The Danish pharmaceutical giant behind Ozempic and Wegovy said an experimental weight-loss shot helped patients lose 22% of their body weight in a clinical trial.
GE Aeropsace’s GE revenue grew 9% in 2024, led by 15% growth in commercial engine manufacturing sales as demand remained high for the Leap engine, which powers most Airbus A320s. Overall operating profit exceeded $8 billion, with adjusted operating margin expanding to 23%.
U.S. stocks rose to a record as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year.
The S&P 500 ( ^GSPC) jumped over 0.5% to secure its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, while the Nasdaq Composite ( ^IXIC) recovered from earlier session losses to finish the day up about 0.2%.