STOCKS SOAR: Here's what you need to know
Lisa Maree Williams/Getty
Here's the scoreboard:
- Dow: 21,907.92, +204.17, (0.94%)
- S&P 500: 2,453.53, +25.16, (1.04%)
- Nasdaq: 6,301.07, +87.95, (1.42%)
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Chevron CEO John Watson is stepping down from his post atop the nation's second-largest oil company, according to a report from the Wall Street Journal. A leading candidate to succeed him is Michael Wirth, Chevron's vice chairman, the WSJ said. Wirth could help rein in costs.
- US luxury homebuilder Toll Brothers Inc reported a better-than-expected quarterly profit, helped by strong demand for its homes in an improving job market. Toll cut the top end of its adjusted gross margin forecast for fiscal year ending October 2017 and its full-year revenue forecast range.
- BHP Billiton is exiting its underperforming US shale oil and gas business after some shareholders called for a sale. The world's largest miner reported a surge in full-year profits.
Additionally:
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Yellen's coming speech could mark the 'end of an era'
Amazon bought Whole Foods to solve its biggest problem in the grocery business
A top Facebook analyst has a $21 billion question for Mark Zuckerberg
- I got a $40K raise using this 30-second strategy. It made me realize loud work, not hard work, always wins.
- Qatar Airways' new CEO explains why it's sticking with the Airbus A380 as other airlines retire the costly superjumbo
- Prince Harry and Meghan found out about Kate Middleton's cancer diagnosis on TV like everyone else, report says
- Ice melt in Antarctica and Greenland is slowing Earth's rotation, affecting timekeeping: Study
- Elections on a plate: Poll panels fix menu & expense ceiling for Samosa, tea, biryani & more
- Regenerative farming, cover crops will help farmers increase yields, reduce stubble burning: IDH CEO
- Sustainable Event Planning
- Ambani, Adani collaborate: RIL picks 26% stake in Adani Power project