Dow rallies 347 points as stocks close higher for week

Traders work on the floor of the New York Stock Exchange

Walmart, the world's biggest brick-and-mortar retailer, reported a lower-than-expected profit and posted a sharp drop in online sales growth during the holiday period.

There are several reasons why the earlier correction didn't spell a total crash for the stock market.

United States stocks are seen opening in the black after a mixed finish on Thursday when the Dow Jones and S&P 500 closed up but the Nasdaq ended the day in the red.

Kratom - the opioid withdrawal plant - linked to salmonella in 20 states
According to an official statement released by the FDA, kratom may not appear as an ingredient on those product labels. But she is also an advocate for stronger consumer-protection rules in regard to the substance.

"The rally on Bullard was a little overzealous", said Michael O'Rourke, chief market strategist at JonesTrading in Greenwich, Connecticut.

In addition, the overall global equity market continues to be solid.

The yield on the benchmark 10-year Treasury note, which hit a fresh four-year high of 2.957% this week, pulled back to around 2.873% Friday afternoon. The S&P 500 Index closed at 2,701.33 for a loss of -14.93 points or -0.55%. The Dow was up about 150 points, or 0.6%, at 25,103, while the S&P 500 index was up 0.5% at 2,717. However bond yields, which move in the opposite direction of prices, have since moderated.

5G Service, Botched Emoji — Tech Bytes
AT&T also said it plans to virtualize 75 percent of its network by 2020, after reaching its 2017 goal of 55 percent. AT&T's mobile 5G will be standards-based, and at least initally, it'll use millimeter wave (mmWave) spectrum.

The S&P technology index gained 0.3 as the sole major S&P sector on the plus side, buoyed by a gain of almost 2 per cent in the semiconductor sector.

For the first quarter, HP said earnings per share came in at 48 United States cents on revenue of US$14.52bn, against analysts' expectations of 42 USA cents on US$13.49bn in revenue.

Hewlett Packard Enterprise Co (NYSE:HPE), which saw its shares soar by as much as 19% after hours following the release of its market-busing first quarter results, has kicked off with a more demure rise, up 0.98% premarket.

Metal Gear Survive second beta kicks off
The issue presented above seems to be affecting only the US PS4 gamers. Video game stories from other sites on the web.

Expectations for a quarter-point hike at the Fed's next meeting in March are now 93.5 percent, according to Thomson Reuters data. It measures the daily stock price movements of 30 large, publicly-owned USA companies.

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