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|Health, energy stocks hit Wall St, Microsoft lifts Nasdaq|
(Reuters) - The S&P 500 and the Dow came off session lows in early afternoon on Friday, but continued to be weighed down by energy and healthcare stocks, while a record-setting rally in Microsoft kept the Nasdaq in positive territory.
|AT&T in advanced talks to buy Time Warner: sources|
Time Warner Chief Executive Jeff Bewkes rejected an $80 billion offer from Twenty-First Century Fox Inc in 2014 but sources said Friday that it had no plans to renew its bid. A deal between AT&T and Time Warner could be announced as early as on Monday, the sources said. Time Warner was not immediately available for comment.