European markets traded lower on Friday after Asian stocks surged, as a rally driven by the Federal Reserve’s big cut to ...

In the bond market, the yield on the 10-year Treasury held steady at 3.71%, where it was late Wednesday. The two-year ...

Shares in Nike (NKE) surged after the sneaker company said it was getting a new chief executive. John Donahoe will retire as ...

Shares in FedEx (FDX) fell after the package-shipping company cut its full-year financial outlook. Late Thursday, FedEx also ...

This article is a text version of a Wall Street Journal newsletter published earlier today.