The Dow Jones industrial average climbed to a nine-month high on Monday, in a market buoyed by Hasbro and Disney, as investors braced for a flurry of quarterly earnings reports through the week.
U.S. shares fell on Tuesday as investors turned to less-risky assets after Turkey shot down a Russian warplane, even as GDP data indicated healthier economic growth.
U.S. stocks were poised to open lower on Tuesday, after two sessions of gains, as a surge in trade deficit in March suggested that economic growth contracted in the first quarter.
Jeff Bezos is ramping up Amazon.com Inc.’s entertainment ambitions, buying video service Twitch Interactive Inc. for about $1 billion in its biggest acquisition ever.
Net income at the world’s largest entertainment company soared 33% to $1.84 billion, or $1.03 a share, from $1.38 billion, or 77 cents, a year earlier.
