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Stocks recovered from earlier losses as traders breathed a sigh of relief after President Donald Trump's much-awaited news conference on China.

Walt Disney World received approval from the state of Florida to reopen its four Orlando-based theme parks starting July 11.

Trump did not indicate the U.S. would pull out of the phase one trade agreement reached with China earlier this year, easing trader concerns for the time being.

New York City, closed down due to the coronavirus pandemic, is expected to begin a "phase one" reopening on June 8, New York Gov. Andrew Cuomo said Friday.

"Sometimes it takes a decade to make a week of progress. Sometimes a week gives you a decade of progress," VMware CEO Pat Gelsinger told CNBC.

West Texas Intermediate gained more than 80% in May for its best month on record, but some are warning that the rally may be overdone.

Joe Biden is angry about President Donald Trump's tweet in response to protests in Minneapolis in connection with death of George Floyd in policy custody. "When the looting starts, the shooting starts," Trump wrote.

Barack Obama cited the deaths of George Floyd and Ahmaud Arbery in a tweet calling the disparate treatment of racial minorities in the United States "maddeningly 'normal.'"

A conversation about the latest market-moving news, including President Trump's news conference on China.

The Main Street lending facility, which will target companies with up to 15,000 employees, has been difficult to set up but is just about ready, Powell said.

"There's pent-up demand for electric vehicles," said Sam Jaffe, managing director of Cairn Energy Research Advisors. "We will see a combination of factors make 2021 an inflection point for the sale of electric vehicles."

With tensions over Hong Kong near a boiling point, Americans will get a chance to see if there's a bite behind Trump's China bark.

Health-care stocks are outperforming over the last three months. Todd Gordon of Ascent Wealth Partners lays out a trade on one name.

"This guidance is not intended to infringe on rights protected by the First Amendment to the U.S. Constitution," the new guidance says.

The company on Thursday issued guidance for the full fiscal year was softer than what analysts had expected.

Three-quarters of top-level corporate officers said in a survey by the TMF Group that they are at least "somewhat confident" about the economy.

The heatwave in Siberia raises major concerns over devastating wildfires breaking out this summer as climate change accelerates permafrost melt in much of the Arctic region.

"What we're seeing is lots more activity and a lot of dissatisfaction with where people are living right now," Zillow CEO Richard Barton told CNBC.

Enhanced unemployment benefits could push jobless Americans off safety net programs like Medicaid, food stamps and welfare, or reduce their financial aid.

Women losing jobs at a higher rater than men isn't just an inequality problem — it's an economic one too.