These are the stocks posting the largest moves before the bell.Market Insiderread more
More and more American firms are calling for the Trump administration to resolve its conflict with China.World Economyread more
The Fed is not likely to make a move on interest rates when it meets this week, but it should clear the way for a rate cut later in the summer.Market Insiderread more
Target CEO Brian Cornell apologized to customers for a disappointing weekend after the company experienced outages that shut down its cash registers and credit-card processors...Retailread more
Facebook's new cryptocurrency project, titled Libra and backed by the likes of Visa and Booking Holdings, is being widely embraced by market watchers.Trading Nationread more
American Airlines is ordering Airbus' new A321XLR, according to a source familiar with details of the agreement.Paris Air Showread more
The pilots union for Southwest Airlines says it will ask Boeing for compensation to cover legal costs and lost income for pilots due to the 737 Max grounding.Airlinesread more
Huawei CEO Ren Zhengfei tells CNBC the company's business is still strong in China.Technologyread more
U.S. President Donald Trump officially kicked off his reelection campaign Tuesday at a Florida rally where he exhorted thousands of rollicking supporters to keep advancing his...Politicsread more
But BlackRock's global fixed income chief also says he doesn't think the Fed will announce a rate cut until July.Market Insiderread more
Panera Bread has been testing a menu specifically for dinner and plans to expand the pilot to a new market next month.Restaurantsread more
Oil prices ticked higher on Friday but posted another weekly decline after the International Energy Agency said market rebalancing was taking time due to weak OPEC compliance with output cuts.
Brent crude, the global benchmark, was up 10 cents at $52 per barrel by 2:37 p.m. ET (1837 GMT). On Thursday, the contract touched an 11-week high at $53.64.
U.S. West Texas Intermediate (WTI) crude ended Friday's trade up 23 cents at $48.82 a barrel, after falling to a 2½ week low of $48.01 earlier in the session.
The contract fell 1.5 percent this week, its second straight weekly decline, as doubts remain that the world will consume enough crude to end a global glut.
"There would be more confidence that re-balancing is here to stay if some producers party to the output agreements were not, just as they are gaining the upper hand, showing signs of weakening their resolve," the IEA said in its monthly report.
The IEA said OPEC's compliance with the cuts in July had fallen to 75 percent, the lowest since the cuts began in January. It cited weak compliance by Algeria, Iraq and the United Arab Emirates.
Faced with lingering global glut woes, OPEC and some non-OPEC members including Russia in May extended a deal to cut oil production.
The Organization of the Petroleum Exporting Countries reported on Thursday another increase in the oil cartel's production, even though it raised outlook for oil demand in 2018. OPEC said its oil output rose by 173,000 barrels-per-day (bpd) in July to 32.87 million bpd.
Rising output from Nigeria and Libya is undermining the oil producers' attempt to limit oil production. Nigeria and Libya are exempted from curbing output as they seek to restore supplies hurt by internal conflicts.
Meanwhile, Russian oil producer Gazprom Neft is considering resuming production in mature fields after the OPEC-led production cut agreement, a representative of the company said on Thursday.
Saudi Arabian Energy Minister Khalid al-Falih said the kingdom did not rule out additional oil production cuts, the Saudi-owned Al Sharq Al Awsat newspaper reported on Friday.
"Crude oil prices failed to hold recent gains, with a nervous market starting to doubt recent falls in inventories," ANZ bank said in a note. "Supply-side issues also weighed on prices."
Official data showed crude inventories in the United States, the world's top oil consumer, fell sharply by 6.5 million barrels in the week ending to Aug. 4, as refiners ramped up run rates to the highest in 12 years due to strong demand.
On Friday, energy services company Baker Hughes reported drillers last week added three rigs in the United States, bringing the total oil drilling rig count to 768. Last week, data showed U.S. energy companies cut oil rigs for a second week in three, slowing the pace of a 15-month drilling recovery.
Meanwhile, U.S. President Donald Trump stepped up his rhetoric against North Korea again on Thursday, saying his earlier threat to unleash "fire and fury" on Pyongyang if it launched an attack may not have been tough enough.
"I think the issue that is affecting the market is the general risk sentiment of saber-rattling between Washington and Pyongyang," said Michael McCarthy, chief market strategist at CMC Markets.
— CNBC's Tom DiChristopher contributed to this report.