(Recasts to reflect preliminary close of trading) * FedEx ( FDX ) results top targets on cost-cutting, shares jump * Lennar ( LEN ) drops on weak forecast * Trump, Xi make trade progress in first call since June By Abigail Summerville and Purvi Agarwal Sept 19 (Reuters) - Wall Street's main indexes closed higher on Friday, and also posted...

04:24 PM EDT, 09/19/2025 (MT Newswires) -- * US equity indexes rose this week after the Federal Reserve cut its target interest rate range by 25 basis points to 4% to 4.25%, and hinted at two more rate reductions in 2025. On Friday, US President Donald Trump said progress was made on key issues, including trade, following his call with...

04:02 PM EDT, 09/19/2025 (MT Newswires) -- Health care stocks were mixed late Friday afternoon, with the NYSE Health Care Index easing 0.1% and the Health Care Select Sector SPDR Fund (XLV) up 0.1%. The iShares Biotechnology ETF (IBB) declined 0.5%. In corporate news, Johnson & Johnson ( JNJ ) said an experimental treatment combining Tecvayli and Darzalex Faspro showed...

04:15 PM EDT, 09/19/2025 (MT Newswires) -- US equity indexes ended higher on Friday as benchmark gauges extended rallies to records amid optimism on trade negotiations between the US and China. * Chinese President Xi Jinping urged US President Donald Trump during a call on Friday to avoid imposing restrictive trade measures, according to China's Xinhua News Agency. Following the...