Facebook shares sink as United States stocks add to records

At the closing bell, the Dow Jones Industrial Average stood at 25,574.73, up 0.8 percent. The S&P 500 climbed 18 points, or 0.7%, to end at 2,786, for a weekly gain of 2%, while the Nasdaq Composite Index added 49 points, or 0.7%, to close at 7,261. The company also said, however, that it would close dozens of Sam's Club locations in the coming months.

In U.S. corporate news, JPMorgan Chase (+0.9%) and Wells Fargo (-0.6%) kicked off the Q4 earnings season with mixed results, as JPM beat earnings estimates while missing on revenues, while Wells Fargo reported in-line earnings on lower than expected revenue.

NASDAQ measures a number of indices reflecting the reaction of USA's high tech markets and business environments on the country's political and economic developments which have an impact on high tech markets.

"I don't think you would've seen a big pop in bank stocks, no one's surprised by these numbers", said Ron Weiner president and founder of RDM financial in Westport Connecticut.

China's ride-hailing giant DiDi acquires Brazilian counterpart
Similar to Uber, Didi Chuxing offers smartphone-based vehicle services, such as carpooling, taxis, and premium cars with drivers. Cheng Wei, 34, founder and chief executive of Didi, said on Wednesday that "globalisation is a top strategic priority for Didi".

Trump slams 'Sneaky Dianne Feinstein' for releasing Fusion founder's testimony
Trump said that's what he thought Feinstein meant, and a round of clarifications ensued. Feinstein's actions, however, and accused her of undermining the committee's work.

Trump is in 'excellent health,' White House doctor says after exam
Now, the position is part of the White House Medical Unit, founded in 1945, which falls under the White House Military Office. Those questions will likely be answered by next week, when the White House says the results of the exam will be released.

Earnings for S&P 500 companies are expected to increase on an average by 12.1 per cent in the quarter, with profit for financial services companies likely to increase 13.2 per cent, according to Thomson Reuters.

For the week, they posted gains of at least 1.6 percent. Economists polled by Reuters had forecast core CPI rising 0.2 percent.

Advancing issues outnumbered decliners on the NYSE by 1,462 to 1,035. The bank's shares rose 1.7 per cent.

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