As S&P 500 recovers, most components remain in correction - or worse

SAN FRANCISCO (Reuters) - As a stock rebound on Thursday put the S&P 500 on track for its strongest three-day performance since 2016, a look at the recent performance of most of the index's components paints a different picture, illustrating signs of weakness in Wall Street's health.

Facebook shares rise as Zuckerberg soothes investors

(Reuters) - Shares of Facebook Inc rose as much as 4.2 percent on Thursday, after Chief Executive Officer Mark Zuckerberg said the social network had not seen any meaningful impact on usage or ad sales in the wake of a data privacy scandal.

Dollar, stocks climb in relief rally over trade spat

NEW YORK (Reuters) - The U.S. dollar gained and equity markets around the world jumped on Thursday as fears eased of a trade war between China and the United States after Washington expressed a willingness to negotiate.

Texas oil output surge clogs pipelines, depresses prices

NEW YORK (Reuters) - The Permian basin in Texas is leading the way as U.S. oil production has reached an all-time high, but the prolific output is causing bottlenecks as pipelines transporting the crude have filled up more quickly than expected.

Pratt & Whitney wins JetBlue engine order

NEW YORK (Reuters) - U.S. airline JetBlue Airways Corp said on Thursday it has awarded Pratt & Whitney a contract to supply engines for its total fleet of 85 Airbus A320neo aircraft, more than doubling the carrier's previous contract with the engine maker.

Wall St. rises, on track for third day of gains as trade fears ebb

NEW YORK (Reuters) - U.S. stocks rose on Thursday as investor fears of an escalating trade conflict between the United States and China eased and as focus on upcoming earnings grew.

Target settles claims it screened blacks, Hispanics out of jobs

NEW YORK (Reuters) - Target Corp has agreed to review its policies for screening job applicants and pay $3.74 million to settle a lawsuit claiming its use of criminal background checks kept thousands of blacks and Hispanics from obtaining employment.

U.S., China rivalry poses risks, benefits for Latin America

MENDOZA, Argentina (Reuters) - As the trade dispute between the United States and China was gaining steam last month, a half-dozen Chinese dancers and a person in a panda bear suit paraded across a stage inside a hotel lobby in the heart of Argentina's wine country.

Trump to urge Latam to look to U.S., not China, on trade: official

WASHINGTON (Reuters) - President Donald Trump, engaged in an escalating confrontation with Beijing over trade, will urge Latin American leaders next week to work with the United States - not China - on trade, a senior U.S. official said on Thursday.

Investors scope out potential European wins from U.S.-China frictions

LONDON (Reuters) - Nobody wins a trade war, International Monetary Fund chief Christine Lagarde said in March. But for some European companies, a bit of friction couldn't hurt.

IBM joins group building a blockchain-based global identity network

NEW YORK, April 5 (Reuters) - International Business Machines Corp has joined a private, non-profit organization called Sovrin Foundation that is seeking to build a global decentralized identity system based on blockchain technology.

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