Stocks were up modestly across the board on Friday; The Eurozone fell into recession in the first quarter; and the U.S. Chamber of Commerce filed suit to block Medicare from negotiating on prescription drug prices.

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The S&P 500 is now officially in a bull market; it’s not clear how long the bull market will last because the Federal Reserve could raise interest rates again next week; shares of Adobe pop after the company says it will start offering businesses a new AI package deal; DocuSign stock rallied after it released its latest earnings report.

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President Biden and British Prime Minister Rishi Sunak announce an agreement for more transatlantic cooperation; General Motors vehicles will start using Tesla chargers.

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Major stock indexes gained ground on Wall Street; U.S. consumer credit rose at a 5-point-7 percent annual rate in April; Canadian wildfire smoke caused East Coast flight delays.

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At 261,000, weekly claims were at their highest level in more than two years; FAA delayed flights into New York, Philadelphia over wildfire smoke; Carvana forecasts profitable quarter thanks to cost cutting; GameStop fires CEO brought in for digital transition

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Investors are hedging their bets about whether the Federal Reserve will raise rates next week; U.S. solar panel installations increase, industry group says; Meta debuting Channels feature, similar to Telegram app

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Nasdaq falls more than 1 percent; China’s exports sink; most economists think the Fed will hold pat on interest rates next week.

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U.S. trade deficit grew by 23% in April; China reports 7.5% decline in exports; Canadian exports increase amid more demand for gold assets; Most economists predict Fed pause on interest rate hikes, Reuters poll finds

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Global economic growth will remain below pre-pandemic levels, OECD says; China reports drop in exports; CFPB report warns of increasing reliance on bank chatbots

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World Bank upgrades 2023 growth forecast . . . U.S., Saudi and European pro-golf tours merge . . . A modestly positive day on Wall Street

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