Snapchat is in the process of raising $650 million in equity, which would value the company at 16 billion, sources told CNBC.» Read More
Companies making headlines before the bell Friday:
U.S. housing starts and permits rose in September, a signal the market's recovery is supporting signs of growing strength in the broader economy.
Income inequality in the United States is near its highest levels of the past 100 years, Fed Chair Janet Yellen said on Friday.
Boston Fed President Eric Rosengren told CNBC that policymakers need time to process what's causing widespread turmoil in the financial markets.
Billionaire David Einhorn's hedge fund Greenlight Capital plans to raise money for the first time in two years.
Morgan Stanley reported an 87 percent rise earnings as its trading and wealth management businesses benefited from increased client activity.
General Electric posted higher quarterly net income on Friday, helped by sales of its jet engines and oil and gas equipment.
Asian bourses mirrored the choppy trade overnight in the U.S., with Shanghai, Tokyo and Seoul erasing morning gains to trade lower on Friday.
After hitting its highest level in nine years in September, home builder confidence dropped this month.
Investors in Netflix Inc will need patience to reap the rewards of a costly push into original content and international markets, analysts said.
Some of the names on the move ahead of the open.
The Fed must prepare investors for an earlier interest-rate rise than many now think, a hawkish U.S. central banker said in a speech on Thursday.
Wells Capital Management's Jim Paulsen told CNBC that the ongoing stock selloff could get "a little scarier yet."
U.S. stock index futures are signalling a lower open following widespread market volatility.
U.S. sovereign bond yields have fallen below 2% as European markets tumble.
Roche reported third quarter sales of 11.78 billion Swiss francs ($12.29 billion) on Thursday, above analysts' forecasts of 11.58 billion Swiss francs in a Reuters poll.
Mounting anxiety over global growth and the spread of Ebola dragged Asian bourses lower on Thursday.
The European Commission said it will work with Greece to ensure a smooth evolution of support for the country after its current bailout program ends.
AbbVie recommended that shareholders vote against its takeover of Shire after a U.S. government move to curb deals designed to cut high taxes.
Despite significant upset in financial markets, Federal Reserve officials believe economic growth is progressing at a steady pace.