"My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?" Trump wrote amid a series of tweets that rattled markets Friday.Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
Yields slipped after Powell said that the central bank will continue to act as appropriate to sustain the economic expansion.Bondsread more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The president tweeted Friday morning that he was ordering "our great American companies" to "immediately start looking for an alternative to China."Marketsread more
Semiconductor stocks and shares of Apple slid on Friday after President Donald Trump said U.S. companies should "immediately start looking for an alternative" to their...Technologyread more
The two American car companies are among the top exporters of U.S.-produced vehicles to China along with BMW and Daimler/Mercedes-Benz, according to industry data obtained by...Autosread more
Multinationals that rely on the supply chain from China are tumbling after President Donald Trump ordered them find alternatives to their Chinese operations.Marketsread more
Powell repeats his pledge to keep the economic expansion going while acknowledging that tariffs and other factors are causing growth to slow.The Fedread more
These are the stocks posting the largest moves in midday trading.Market Insiderread more
U.S. stock index futures indicated a lower open Friday as overseas bond yields hit fresh record lows.
Dow futures held around 100 points lower, while S&P and Nasdaq futures were down 13 and 32 points, respectively.
Japanese government bonds rose, pushing he 10-year JGB yield 2 basis points lower to minus 0.150 percent, after earlier setting a record low of minus 0.155 percent.
British and German sovereign debt yields fell to record lows on jitters ahead of about Britain's referendum on European Union membership later this month, as well as the European Central Bank's commencement of its corporate bond purchase program.
The benchmark U.S. 10-year yield also fell to its lowest level since February.
On the data front, consumer sentiment is scheduled for release at 10 a.m. and the Federal budget at 2 p.m.
In oil markets, Brent crude traded at $51.27 a barrel on Friday, down 1.3 percent, while U.S. crude was at $49.86, down 1.4 percent.
—Reuters contributed to this report.