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Updated: 31 min 2 sec ago
Orders for durable U.S. goods jumped a seasonally adjusted 4% in March, but the increase was driven almost entirely by higher demand for autos, commercial jets and military hardware.
Xerox Corp, best known as a maker of printers and copiers, reported a 6 percent fall in quarterly revenue, hurt by lower printer sales and a stronger dollar.
American Airlines Group on Friday reported first-quarter profit above analysts' expectations and declared a $0.10 dividend as cheap fuel continued to help its bottom line.
U.S. stocks opened higher on Friday as strong results from tech behemoths put the Nasdaq Composite on track to extend its ascent a day after surpassing a 15-year-old record.
The question now is not so much if but when the next bubble will inflate and burst, and what role if any the Fed will play in warning investors that the next financial calamity is lurking around the corner.