Hormel Foods disappoints on earnings

Meats producer’s 4% decline was S&P 500’s worst performance

Beware of S&P 500 warning lights

Historic low on the CBOE Vix catches contrarians’ eyes

United Technologies chief in surprise exit

Chenevert gives no reasons for sudden departure

American bulls in charge

Prospect of higher rates has not deterred US equity investors but there are signs of complacency

Spectrum cost concerns hurt US telecoms

AT&T and Verizon both fall after auction of airwaves

Black Friday’s boost from the black stuff

Tumbling oil prices will buoy S&P 500 retailers

S&P 500 on verge of beating 2013 streak

Falling energy prices and China policy changes help spur stocks

Gap sags under weight of falling sales

Hertz higher after appointing new chief

Sotheby’s chief Ruprecht to step down

Shares rose 7.4% to $42.12 in after-hours New York trade following departure

Best Buy jumps on stronger product cycles

Positive data help US stocks shrug off global growth worries

Target jumps after hitting earnings mark

US stocks slip ahead of the release of latest Fed minutes

Fresh SEC crackdown on ‘flash crashes’

Trading firms and exchanges face new rules

Urban Outfitters slips as profit tumbles

S&P 500 on track for 43rd record closing high this year

Capex as a guide for investing

Capital expenditure is a sign of confidence in future growth

Allergan seals $66bn deal with Actavis

Merger is largest healthcare takeover of 2014 and pushes value of global dealmaking above $3tn

Tyson jumps after record sales

US stocks slip after four straight weeks of gains

Cheaper oil energises US consumer stocks

Consumer confidence in US at its highest since 2007

Corporate buybacks fuel all-time highs

When will buybacks buy something that is too expensive?

Nordstrom up after overcoming warm weather

US stocks modestly negative despite upbeat economic data

Hertz to restate further years of results

Shares down 10% as financial uncertainty hangs over group