All three major US stock indexes were up slightly in late-morning trading Thursday, as investors look ahead to Friday's August jobs report.

The US Department of Justice has initiated a criminal investigation into Federal Reserve Governor Lisa Cook to determine whether she submitted fraudulent mortgage application data, The Wall Street Journal reported Thursday, citing US officials familiar with the matter.

In company news, Goldman Sachs Group (GS) and T. Rowe Price Group (TROW) said Thursday they are collaborating to offer an array of public and private investment products for retirement and wealth investors. Goldman plans to invest as much as $1 billion in T. Rowe common stock via various open-market purchases, with the intention of owning up to 3.5%, the companies said. Goldman Sachs shares were up 1.5% around midday, while those of T. Rowe were up 6.3%.

Salesforce (CRM) reported fiscal Q2 non-GAAP net income late Wednesday of $2.91 per diluted share, up from $2.56 a year earlier and above the FactSet consensus analyst estimate of $2.78. Fiscal Q2 revenue was $10.24 billion, up from $9.33 billion a year ago and above the FactSet consensus of $10.14 billion. For fiscal Q3, Salesforce expects non-GAAP EPS of $2.84 to $2.86 on revenue of $10.24 billion to $10.29 billion. Analysts polled by FactSet expect $2.85 non-GAAP EPS on $10.29 billion in revenue. For fiscal 2026, the company raised its non-GAAP EPS guidance to a range of $11.33 to $11.37 from $11.27 to $11.33. For fiscal 2026 revenue, Salesforce expects $41.1 billion to $41.3 billion, up from its previous guidance of $41 billion to $41.3 billion. Analysts expect non-GAAP EPS of $11.32 on $41.19 billion in revenue. Salesforce shares were down 5.4%.

Texas Instruments (TXN) Chief Financial Officer Rafael Lizardi said Thursday at the Citi TMT conference that the company's recovery is not occurring with the velocity some have anticipated, according to media reports. Texas Instruments shares were down 4.6%.

BlackRock (BLK) will manage about $80 billion in assets for thousands of Citigroup's (C) Citi Wealth clients under a new portfolio offering called Citi Portfolio Solutions powered by BlackRock, Citi Wealth said Thursday. Under the agreement, BlackRock will run a range of investment strategies across equities, fixed income, multi-asset class strategies and, eventually, private markets, according to a statement. BlackRock shares were up 0.7%, while those of Citigroup were up 1.5%.

Gap (GAP) said Thursday it's expanding its business to incorporate beauty products and accessories. The company will launch a test at 150 of its Old Navy stores that will feature a number of beauty and personal care products, Gap said, adding that it plans to expand its beauty and personal care products across its portfolio in 2026. Gap shares were up 4.2%.

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