Business News

US stocks on course for higher close, new records

U.S. stocks moved modestly higher in late-afternoon trading Wednesday, on course to deliver record highs for each of the major stock indexes. Technology stocks and financial companies led the gainers as investors weighed the latest batch of company earning news. IBM surged on strong quarterly results and is on track to post its biggest one-day gain since 2009. Energy companies were the biggest laggards....