Gross domestic product increased at a 2.6 percent annual rate in the fourth quarter, the Commerce Department said in its advance GDP report. The Nasdaq Composite .IXIC was up 45.65 points, or 0.62 percent, at 7,456.81.
Intel's (O:) shares jumped more than 9 percent to their highest in nearly two decades, after strong results offered the clearest sign yet that its years-long effort to shift away from a slowing PC business was paying off.
Honeywell (N:) rose 1.2 percent after the company raised its forecast for 2018 profit.
As of Thursday, 77 percent of the S&P 500 companies that had reported surpassed earnings expectations, while 79 percent of those companies had beaten sales estimates, according to US financial information company FactSet.
Weakness in the dollar, which is supportive for large multinational companies, continued.
Also lifting the index were gains in Pfizer (PFE.N), up 4.78 percent after a European regulator recommended granting marketing approval to a diabetes drug developed by the company and Merck (MRK.N), up 1.21 percent.
U.S. Treasury prices ended mostly higher, with the benchmark 10-year yield sliding 3 bps to 2.62% and the two-year yield finishing flat at 2.08%. The Nasdaq composite rose 41 points, or 0.6 percent, to 7,457.
The dollar was last down 0.44 percent against a basket of currencies ().
It is an Oscars tradition that the best actor for the previous year hands out the award to the new best actress victor . Academy tradition dictates that the victor of the best actor award presents the best actress award the following year.
Mix in the relative apathy towards long-perceived vices and it's a matter of time until professional leagues facilitate gambling. The NBA proposed a plan Wednesday to receive 1 percent of every wager on its games, according to the New York Daily News .
Wednesday's injury report is notable because it's the first time the Patriots have acknowledged Gronkowski suffered a concussion . Defensive lineman Malcom Brown (foot) also missed practice on Friday for the second straight day.
This is the second correction this month with the first one taken a huge toll on market share of all major cryptocurrencies. Mining of Bitcoin and other cryptocurrencies presents a unique "Make in India" opportunity that can boost self-employment.
Dannel Malloy (D-Conn.) said on Friday that CT taxpayers stand to lose $10 billion as a result of changes to the SALT deduction. Andrew Cuomo of NY said the bill was a "fundamental violation of states' rights" in a conference call, according to USA Today.
The Presidents Club says it is to close following allegations that hostesses were groped at its men-only annual charity dinner. Furious women politicians in the United Kingdom parliament lined up to denounce the behaviour described in the article.
Incidentally, the ruling Congress too has been shying away from negotiations as the party has been backing Goa since May 2007. The pro-Kannada organisations and organisations of farming communities had earlier also called for bandh over the dispute.
Nothing has changed (on his future).There was the summer, then after the summer and nothing has changed. It's a win-win situation if you stay in the Premier League , so that is something we have to consider.
The summit will set the agenda for the 30th ordinary session of heads of states and governments which will start on January, 27th. She said corruption is the major source and elements of financial flows which drains tremendous resources from the continent.
'Number of homeless people in England hits highest level'
The figure has risen 15-per-cent since the same time in 2016, and is significantly higher than the 2,744 figure recorded in 2014. The Government describes them as " single night snapshots of the number of people sleeping rough ".