RTTNews | Aug 21, 2020 04:45PM EDT

04:45 Friday, August 21, 2020

|BEGINSUB|Asian Shares Follow Wall Street Higher|ENDSUB|Asian stocks rose broadly on Friday as news that China and the U.S. have agreed to hold new trade talks in the coming days helped offset gloom over downbeat U.S. jobless claims data released overnight.Encouraging news on the coronavirus vaccine front also underpinned sentiment, with Pfizer and BioNTech SE saying they are on track to seek regulatory review for their coronavirus vaccine candidate as early as October.

|BEGINSUB|European Markets Finish The Week In The Red|ENDSUB|The major European stock markets ticked lower on Friday, shaking off early support to finish in negative territory for the second straight day.The markets were weighed by economic data that showed Europe's economic recovery slowed in August. The euro area private sector grew at a slower pace following a rebound from the downturn caused by the coronavirus pandemic, flash survey data from IHS Markit showed.

|BEGINSUB|Nasdaq, S&P 500 Reach Record Highs On Upbeat Economic Data|ENDSUB|After ending the previous session mostly higher, stocks saw further upside over the course of the trading day on Friday. The continued upward move on the day lifted the Nasdaq and the S&P 500 to new record closing highs.

|BEGINSUB|Stock Alert: Buckle Climbs 25% After Q2 Results Beat Estimates |ENDSUB|Shares of Buckle Inc. are rising more than 25 percent or $4.12 in Fridays morning trade at $20.49 after the apparel and footwear retailer reported better-than-expected earnings results for the second quarter.

Friday, Buckle said its second quarter net income rose to $34.7 million or $0.71 per share from $16.4 million or $0.34 per share in the prior-year quarter. Net sales increased 6.0 percent to $216.0 million from $203.8 million last year. Online sales grew 99 percent to $46.0 million.

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