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The S&P 500 and Nasdaq traded above record closes set a day earlier. Media stocks led the indexes on reports of deal talks between Discovery Communications and Scripps Networks . Dow component IBM limited gains on the blue-chip index. Shares declined after the company posted its 21st straight quarter of year-on-year sales declines. Revenue fell short of analysts' estimates. Crude oil moved higher after a sharper decline in U.S. inventories than anticipated. Domestic crude stockpiles fell by 4.7 million barrels in the past week. Gasoline and distillates stockpiles also declined. Snap traded around $15 a share after settling below that level for the first time ever on Tuesday. Shares of the disappearing app company are down nearly 39% since making their public debut in early March.

Senate leader Mitch McConnell says he will kill the healthcare bill after two more Senators said they would vote against it. McConnell says the Senate will vote to repeal Obamacare instead of just replacing it but it's uncertain if that will pass or even what would replace it. Netflix stock soars to an all time high. The company smashed expectations for subscriber growth. Netflix added a whopping 5.2 million international and domestic subscribers, versus the company forecast of 3.2 million. Netflix attributes that growth to its line up of original shows. UnitedHealth reported stronger earnings, revenue and customer growth. It says its insuring 2.5 million more people in company and government health plans a year ago. Earnings at UnitedHealth were up 21%.

Stocks were mixed in a quieter session ahead of a rush of earnings in the coming days. Earnings coming down the pipeline this week include Netflix , Bank of America , IBM , Microsoft , Snap and Goldman Sachs . Apple rose after Morgan Stanley upped its price target on long-term optimism after the company reports in August. The firm believes the company will provide weaker fourth-quarter guidance than anticipated on delays in the launch of its new iPhone model. That should set up for a "much better-than-normal December and March quarter." FedEx announced that it was still assessing the damage of a recent cyberattack, though did say the impact "will be material." FedEx disclosed that the global operations of TNT Express had been infected by a virus back in June. Blue Apron slumped after Amazon filed a trademark for a similar service. Blue Apron, a meal-kit delivery company, has tumbled below its IPO price of $10 since its public float in late June.

Amazon may be working on its own messaging app, which would include voice and video calls, photo sharing and users would be able to apply filters to pictures and videos. AFTV News says the app would be called 'Anytime'. Amazon didn't comment on the report. The healthcare vote in the U.S. Senate will be delayed as Senator John McCain recovers from surgery. The Arizona Senator had a blood clot removed above his right now. The postponement shows just how tight the vote may be. It's unclear how long McCain might be gone and when the vote will actually take place. Nelson Peltz's Trian is planning to launch a proxy fight for a board seat at Procter and Gamble . The Wall Street Journal says it wants to restart profit growth at the consumer products giant.

Wall Street rose, setting the Dow up for its third record close in a row, as investors largely shook off a weak start to the earnings season. Financials were the only sector in decline after disappointing earnings from JPMorgan , Citigroup and Wells Fargo . Boeing moved higher after being upgraded to OVERWEIGHT from NEUTRAL at JPMorgan. The firm is bullish on the entire aircraft industry and also positive over Boeing's earnings and cash flow. Walmart carried the Dow higher after Goldman Sachs upgraded its rating to BUY and added the stock to its Conviction List. Analysts are positive the retailer can deal with increased e-commerce demand. Consumer sentiment unexpectedly weakened in July, according to a preliminary reading from the University of Michigan. A drop in consumer expectations was responsible for the decline.

A new GOP health care bill was unveiled but there are still some republicans who say they will vote against it. Kentucky's Rand Paul and Maine's Susan Collins both say they are not swayed and continue to oppose it. Republicans hope to have a final vote on the new health care law next week. U.S. President Donald Trump is in Paris and was treated this morning to a festive Bastille Day Celebration in Paris. He and French President Macron seem to be getting along better than some had thought. After Paris, Trump will travel to Nice, France. The Washington Post has a new policy on the behavior of its employees on social media. The Jeff Bezos owned paper says no employee can say anything that would hurt vendors, partners or advertisers. Union workers aren't happy with the new policy. More of What's Trending on TheStreet: We Just Tried Chipotle's New Queso... And You Might Never Get Your Hands On It 10 Private Islands Starting at $5 Million You Could Call Home Today Apple's $1,200 iPhone 8 Could Be Vastly Overhyped Why Is Lonzo Ball Wearing Nike? Hyundai's Popular Sonata Gets a Facelift, Improving Its Chops in Soft U.S. Sedan Market 10 Great Jobs That Will Make You Happy

The Dow Jones Industrial Average notched a fresh record close for its second day in a row and the rest of the markets clinched slight gains as a rally in retail boosted Wall Street. Target pulled other retailers higher after upbeat second-quarter guidance. Walmart led the Dow to records as the world's largest retailer joined in on a sector rally. The company climbed more than 1%, its best daily performance since June 1. NRG Energy added to the previous day's gains as investors continued to applaud plans to sell assets, lower its debt, and reduce costs. Shares have rocketed nearly 40% higher since the beginning of the week. Financials were on the rise ahead of the kickoff to the earnings season. Big banks Citigroup , JPMorgan and Wells Fargo ring in the second-quarter earnings period with their performance reports out Friday morning.

Stocks teetered between small losses and gains through the morning session as a selloff in healthcare offset gains in retail. Healthcare was under pressure ahead of an expected revised repeal-and-replace bill from the Senate GOP. Upbeat guidance from Target Corp. inspired a rally in the retail sector. Target anticipates a "modest increase" in same-store sales over the quarter, far better than analyst consensus of a decline. The company saw improvement in traffic and category sales trends. Delta declined after falling short of profit estimates in its second quarter. By region, domestic and Latin America revenue rose, while Atlantic and Pacific sales declined. Snap Inc. increased after Stifel upgraded its rating to BUY. The firm is optimistic over the company's user engagement and overall growth and says recent selloffs could be an overreaction to a lock-up expiration.

French President Emmanuel Macron will treat U.S. President Donald Trump to fine dining and a Bastille Day Celebration while they meet in France. Trump arrived in the country this morning. The two world leaders will talk policy where they have sharp disagreements about trade and the environment. Uber announced it will team with Russian ride sharing company Yandex in Russia and Central Asia. Uber is retreating from the market as its cedes control of the ride sharing operations with the Russian company. Uber did something similar in China where it sold its Chinese operation to Didi Chixing, a local company. Kid Rock may be running for U.S. Senate. The Michigan rocker confirmed in a tweet that the website 'Kid Rock for Senate' was real and more information will come. Republicans in Michigan have reportedly been considering Rock, whose real name is Robert Ritchie, to consider running on the GOP ticket in 2018 to challenge Democratic Senator Debbie Stabenow.

Wall Street enjoyed big gains to close out a holiday-shortened week. Indexes rose on a better-than-expected June jobs report and a rally in high-momentum tech stocks. Crude oil prices closed lower after a weekly read on drilling activity in the U.S. showed another rise. The increase reverses a small dip seen a week earlier, its first drop in 24 weeks. That decrease was only the second this year. Sears Holdings Corp. declined after announcing even more store closures. The retailer said it would close eight Sears and 35 Kmart locations that were unprofitable. The closures are part of Sears' cost-cutting strategy. Tesla Inc. made a small rebound after briefly entering bear market territory a day earlier. The automaker has slumped in recent days, falling nearly 15% since the beginning of the week.

Wall Street held onto solid gains through the morning after a blowout jobs report. The U.S. economy added far more jobs in June than economists expected. Tech also gave the Nasdaq a boost. Federal Reserve Chair Janet Yellen heads to Capitol Hill next week for her semiannual Congressional testimony. In its policy report delivered before the testimony, the Fed said it expects "gradual" rate hikes and anticipates beginning the "balance sheet normalization program this year." Coach Inc. rose after Oppenheimer raised its price target on the luxury accessories brand. Analysts are confident in the company's ability to turn its Kate Spade & Co. acquisition into profit. Coach made its bid back in May. Campbell Soup Co. was active after acquiring organic soup company Pacific Foods for $700 million. Pacific will slot into Campbell's Simple Meals and Beverages unit.

Wall Street ended around session lows on Thursday, July 6. The S&P 500 and Nasdaq suffered hefty losses, while the Dow Jones Industrial Average declined more than 100 points. Geopolitical tensions rose on Thursday. The chances of diplomacy in dealing with North Korea are "quickly closing," U.S. ambassador Nikki Haley said on Wednesday. President Donald Trump also said his administration was looking at its options in dealing with the totalitarian nation. Trump is currently in Europe ahead of the G-20 summit. Tesla Inc. entered bear market territory, having fallen 20% from its 52-week closing high of $383.45 on June 23. The electric automaker has fallen roughly 15% since the beginning of week. Friday's U.S. jobs report was on Wall Street's radar. Job growth expected to pick up in June, while the unemployment rate is anticipated to have held at 4.3%. HSN Inc. surged after Liberty Interactive Corp. agreed to acquire the portions of the business it doesn't already own. Liberty will purchase the remaining 61.8% stake in an all-stock deal.

Wall Street held lower through the morning session as the escalating threat of North Korea weighed on markets. Another tech selloff also contributed to heavy losses for the Nasdaq. Crude oil extended gains after a far larger drop in domestic stockpiles than expected. U.S. inventories dropped by 6.3 million barrels in the past week, nearly four times the expected decline. Non-manufacturing activity in the U.S. rose at a faster-than-expected pace in June, surprising analysts expecting a dip. The measure increased to 57.4, 0.5 higher than in May. Any reading above 50 is indicative of expansion in services activity. Coscto Wholesale Corp. enjoyed healthy growth over June, particularly after stripping out the effects of gas prices and currency exchange. Comparable sales rose 6%, while net sales increased 7%.

The S&P 500 and Nasdaq held onto gains through the afternoon session after the Federal Reserve signalled a willingness to continue tightening monetary policy. In minutes from its June meeting, "several" Fed members backed an unwinding of its balance sheet within a "couple of months." The Fed also reiterated its view that inflation weakness was transitory. Crude oil prices suffered their largest decline in a month on Wednesday after Russia knocked down the chances of further cuts among the Organization of Petroleum Exporting Countries. Advanced Micro Devices Inc. and other chipmakers rallied after positive industry data. Global chip sales in May rose at their largest pace since 2010.

Wall Street was mostly higher even as crude oil suffered a sharp selloff. Oil tumbled by more than $1 as Russia knocked back the chances of deeper OPEC output cuts. Energy was the worst performer, while tech was the best. Factory orders in the U.S. in May declined by 0.8%, according to the Census Bureau. The dip was slightly steeper than anticipated. New orders for manufactured goods have declined for two months in a row. Oracle Corp. was higher after being upgraded to OVERWEIGHT from SECTOR WEIGHT at KeyBanc. Analysts are confident in the company's ability to sell existing customers on its cloud services. Tesla Inc. sank on news its second-quarter deliveries fell short of Wall Street estimates. The company delivered 22,000 cars in the second quarter, roughly 2,000 below expectations.