The S&P 500 and the Nasdaq hit fresh record highs on Monday as President Donald Trump said an initial U.S.-China trade pact would be signed "very shortly", while Boeing shares lifted the Dow after the planemaker fired its chief executive officer.
New orders for key U.S.-made capital goods barely rose in November and shipments fell, suggesting business investment will probably remain a drag on economic growth in the fourth quarter.
U.S. stocks are poised to close out the decade with the longest bull market in history still intact.
Electric vehicle startup Rivian said on Monday it closed a $1.3 billion investment round, led by fund manager T. Rowe Price but also including existing investors online retailer Amazon.com Inc and No. 2 U.S. automaker Ford Motor Co.
Boeing Co has fired Chief Executive Officer Dennis Muilenburg, following a year of intense scrutiny and industrial setbacks set off by twin fatal crashes of its 737 MAX jetliner.
Bombardier Inc said on Monday its newest business jets, Global 5500 and 6500, received U.S. Federal Aviation Administration certification, clearing the way for the Canadian plane maker to start deliveries.
German automaker BMW AG said on Monday it was being investigated by the U.S. Securities and Exchange Commission following a report of a probe related to the company's sales practices.
Credit Suisse on Monday admitted to snooping on another of the bank's former executives, deepening a spying scandal at the Swiss group, which is already under investigation for putting its ex-wealth management chief under surveillance.
Combs will take over the second-largest U.S. auto insurer on Jan. 1, 2020, replacing Bill Roberts, a 35-year Geico veteran.
Oil prices were little changed on Monday as Russia said an OPEC-led producer group may consider easing output cuts next year, offsetting support from some investor optimism that an initial U.S.-China trade deal would be signed soon.
Boeing Co has ousted Chief Executive Dennis Muilenburg in an attempt by the world's biggest planemaker to restore confidence as a prolonged crisis has seen it halt production of its best-selling 737 MAX jetliner following two fatal crashes.
Boeing Co has fired its Chief Executive Dennis Muilenburg, seeking to restore confidence after two fatal crashes forced the world's biggest planemaker to halt production of its best-selling 737 MAX jetliner.
Marshal Cohen has religiously visited the same stores every holiday season since 1999.
Boeing Co appointed Chairman David Calhoun as chief executive to steer the world's largest planemaker through a crisis after two deadly crashes led to the grounding of its best-selling 737 MAX jetliner.
Oil prices fell on Monday as Russia said an OPEC-led producer group may consider easing output cuts next year, offsetting support from some investor optimism that an initial U.S.-China trade deal would be signed soon.