Oil prices inched higher on Friday due to a lack of progress in talks with Iran over its disputed nuclear program and a rise in U.S. consumer sentiment.
After a terrible May, are stocks now cheap? The case for stocks, with CNBC's Melissa Lee and the Options Action traders. Also, is IBM ready to break out?
Carl Icahn takes a 7.6 percent stake in Chesapeake Energy, but says the company's board faces a "substantial credibility gap," reports CNBC's Kate Kelly.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks ahead to where oil and precious metals are likely headed next week.