Stocks rose sharply on Thursday after the Federal Reserve hinted at possible interest rate cuts as soon as next month.US Marketsread more
The billionaire investor believes the stock market is in a "zone of fair value" at current levels.Marketsread more
The Federal Reserve may be on its way to delivering a half-point interest rate cut next month, according to Goldman Sachs economists.Economyread more
However, Slack chief Stewart Butterfield says, "The broader world of email will stick around."CNBC Disruptor 50read more
Crude oil prices jump on news of the attack, which Iran says happened over its territory.World Politicsread more
Apple is considering moving some production from China as it is expected release of its new iPhone line this fall, The Wall Street Journal reported.Technologyread more
Workplace messaging firm Slack is about to go public in a red-hot IPO market, but it's approach to going public--using a "direct listing"--is slightly different than an IPO.Trader Talk with Bob Pisaniread more
The yield on the benchmark 10-year Treasury note fell below 2% for the first time since November 2016 on Wednesday.Bondsread more
National Securities' Art Hogan sees the U.S.-China trade war as the market's biggest risk – not Fed policy.Trading Nationread more
The Philadelphia Federal Reserve's manufacturing gauge tumbled this month, solidifying the Fed's case for easier monetary policy.Economyread more
Declining traffic to Olive Garden, Darden's top restaurant chain, resulted in weaker-than-expected revenue for its fiscal fourth quarter.Restaurantsread more
U.S. government debt prices fell on Friday after President Donald Trump decided to remove chief strategist Steve Bannon from his administration.
The yield on the benchmark 10-year Treasury note ticked up to 2.197 percent at 2:43 p.m. ET, while the yield on the 30-year Treasury bond was slightly lower at 2.780 percent. Bond yields move inversely to prices.
Treasury prices fell after multiple reports said Steve Bannon, one of President Donald Trump's top advisors, was leaving the administration.
Bannon had been the advisor pushing the hardest for a more nationalistic approach to U.S. economic policy, but had clashed regularly with other advisors, including chief economic advisor Gary Cohn and Lieutenant General H.R. McMaster.
Turbulence surrounding President Donald Trump's leadership, economic policies and his recent statements on the white supremacist rally in Virginia, continue to weigh on sentiment.
Meanwhile in Spain, a manhunt is currently underway as police try to locate the driver of a van who plowed into , which left at least 13 people dead and over 100 injured.
The perpetrator was seen escaping on foot after driving into pedestrians on Las Ramblas in the late afternoon on Thursday; an incident which police suspect was one of a number of planned attacks.
Three men have been arrested, while , a nearby town, to thwart an attack which involved explosive belts.
In data news, the consumer sentiment index, a survey of consumers by The University of Michigan, rose to 97.6 in August. Economists estimated the index would increase to 94.
—CNBC's Karen Gilchrist and Reuters contributed to this report.
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