Damian J. Troise, Associated Press Published 11:07 a.m. ET May 3, 2019
U.S. stocks moved broadly higher in early trading on Friday, May 3, 2019, and are on track to bounce back after a two-day slide. (Photo: scyther5 / Getty Images)
NEW YORK – U.S. stocks moved broadly higher in early trading on Wall Street Friday and are on track to bounce back after a two-day slide.
Major indexes, including the Standard & Poor’s 500, are still heading for weekly losses. First quarter company earnings have come in mixed so far, but they have been good enough to ease worries that company profits would slump overall.
Banks and consumer-related stocks lead the gains. Newell Brands, which makes Sharpie and Elmer’s products, surged on