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
Slack Technologies' reference price was set at $26 per share, the New York Stock Exchange announced Wednesday evening.Technologyread more
As the Fed meeting approaches, traders and strategists expect wild market gyrations to continue in both directions.
Friday's market also gets a taste of inflation data with producer prices at 8:30 a.m. EDT. Consumer sentiment is scheduled for 10 a.m.
"I think it can give some back," Friday, said Art Cashin, director of floor operations at UBS.
Stocks bounced and Treasury yields retreated Thursday after a third weak monthly retail sales report boosted hopes for a less aggressive Fed and the dollar took a break from its rapid run.
The stock market was encouraged by a retreat in the greenback, which had gained 5 percent against the euro so far this month and 23 percent since late June. A stronger dollar adds to fears that already-lowered earnings forecasts would fall further, as analysts reduce the expected contribution from foreign sales.
Retail sales dropped 0.6 percent in February, after January's decline. Such a fall is sometimes viewed as a harbinger of recession, though a number of economists pointed to the bad weather this winter as a catalyst for the decline.
Read MoreUS retail sales down in February