US stocks trade mixed but notch a weekly gain as earnings impress and inflation cools
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US stocks were mixed on Friday but closed higher for the week as investors cheered a cooler June inflation report. Second-quarter earnings kicked off on Friday with JPMorgan, Wells Fargo, and BlackRock all beating analyst estimates.Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily.
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In unrelenting heat, millions plunge, drink and shelter to cool offMillions in the United States and around the world are seeking refuge from the scorching sun as climate change, a strong El Nino and summer in the Northern Hemisphere converge, toppling temperature records across the globe.
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