The yield on the benchmark 10-year Treasury note fell below 2% for the first time since November 2016 on Wednesday — breaching a key psychological level.Bondsread more
The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
Markets had expected the central bank to keep its benchmark interest rate steady while setting up a cut at the July meeting.The Fedread more
Powell said policymakers are concerned about some of the recent economic developments and see a growing case for easier policy.The Fedread more
Amazon and Blue Origin founder Jeff Bezos gave more insight into his space company's lunar plans on Wednesday.Technologyread more
As the presidents of U.S. and China near a highly anticipated meeting on trade, the gap in both sides' expectations regarding a deal remains wide.World Politicsread more
Delta warned travelers that a technical problem could delay flights on Wednesday.Airlinesread more
The Fed chief said that despite reports that Trump was looking to demote or fire him, he doesn't plan on leaving anytime soon.The Fedread more
If the Trump administration and Congress fail to reach a spending agreement, the White House will offer to keep the government funded at its current levels for a year, Mnuchin...Politicsread more
With bold and targeted steps, economists say, government can increase opportunity and incomes for many more people in ways that strengthen, not weaken, American capitalism.Politicsread more
Investors need to be cautious because the economy will get hurt the longer the trade war drags on, Jim Cramer says.Mad Money with Jim Cramerread more
U.S. stock index futures fluctuated Friday, ahead of more economic data which analysts fear may have been hit by the poor weather.
On the economic front, export prices rose 0.2 percent, while import prices ticked up 0.1 percent.
Industrial production declined 0.3 percent in January, against an expectations for a gain of 0.3 percent.
Investors will also eye the preliminary February Thomson Reuters/University of Michigan Surveys of Consumers at 9:55 am ET. Expectations are for a reading of 80.6 against the 81.2 reading in the prior month.
Asia shares were mixed on Friday, after subdued inflation data out of China.
Chinese consumer inflation rose an annualized 2.5 percent last month, but remained at a seven-month low. Producer prices fell for the 23rd straight month.
(Read more: China's inflation stays subdued in January)
"This data out of China, to an extent, hit a sweet spot. Firstly, it shows price growth is tracking at a steady pace, while at the same time subdued enough to leave the People's Bank of China capacity to act if needed," said Stan Shamu, market strategist at IG.
Meanwhile, Japanese stocks erased early gains, despite Finance Minister Akira Amari saying that most of the government's $53 billion stimulus package will be implemented by June.
Shares in Europe were also mixed, after better-than-expected euro zone growth data. Both Germany and France grew faster than forecast in the final quarter of 2013, with their economies expanding by 0.3 percent and 0.4 percent respectively.