NEW YORK (AP) — The stock market has ended a modest losing streak. U.S. stocks edged higher Friday with gains from energy companies, industrial firms and smaller companies. The S&P 500 index gained over 4 points, or 0.2 percent, to 2,752. The Dow Jones industrial average added nearly 73 points, or 0.3 percent, to close at 24,946 and the Nasdaq composite rose a fraction of a point to 7,481. The Russell 2000 index jumped 9 points, or 0.6 percent, to 1,586.
NEW YORK (AP) —Oil and gas company stocks have climbed along with the price of oil. Benchmark U.S. crude rose $1.15, or 1.9 percent, to $62.34 a barrel in New York on Friday. At the same time, Brent crude, used to price international oils, climbed $1.09, or 1.7 percent, to $66.21 a barrel in London.
UNDATED (AP) — A federal appeals court is rolling back rules intended to deter irritating telemarketing robocalls, saying they were too broad. The U.S. Court of Appeals for the District of Columbia says that 2015 regulations from the Federal Communications Commission could wrongly classify every smartphone as an autodialing device subject to anti-robocall fines.
NEW YORK (AP) — Nike says a second high-level executive has left the athletic apparel company, a day after it said another executive was stepping down. Jayme Martin was a vice president at the company. The latest departure comes after Nike announced that Brand President Trevor Edwards would leave the company in August. Reports say an internal memo sent by CEO Mark Parker said Nike had received complaints about inappropriate workplace behavior.
MIAMI (AP) — A Texas gold refinery has agreed to be fined $15 million after three former employees were convicted in a $3.6 billion money-laundering case involving South American gold. Dallas-based Elemetal LLC pleaded guilty in Miami federal court on Friday to one count of failure to maintain an adequate anti-money-laundering program. A judge must still approve the plea agreement.