President Trump announced fresh sanctions on the Islamic Republic on Monday, following the downing of an unmanned American drone last week.Politicsread more
President Donald Trump's son-in-law Jared Kushner has presented a $50 billion investment plan for economic growth and peace in the Middle East that has been greeted with...World Politicsread more
Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
The trade war between Beijing and Washington appears to have depressed Chinese property purchases in the United States. China's own actions may also be playing a role.Real Estateread more
Tesla CEO Elon Musk sent out another email to his employees, pushing them to aim for a record number of vehicle deliveries to end the second quarter of 2019.Technologyread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
Democrats want Mueller's testimony on his probe into Russian interference in the 2016 election and Trump's efforts to influence it.Politicsread more
The Senate is expected to pass its own version of the border aid legislation, while the Trump administration has threatened to veto both bills.Politicsread more
Some 4 million people have fled the South American country since 2015 amid an economic meltdown.World Politicsread more
Japanese designer Undercover posted on its Instagram account a photo of protesters with the slogan "no extradition to China," the Financial Times reported.China Politicsread more
Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
U.S. stock index futures were set to open little changed Friday, the last trading day of a solid third quarter of gains for stocks.
The S&P 500 and the Dow Jones industrial average were on pace for their eighth-straight quarter of gains, up nearly 3.6 percent and about 4.8 percent, respectively.
Markets are also focusing on the tax reform plans and what will happen to them when they enter Congress. The reform plans, which promise lower tax rates for corporations and individuals, could be watered down or fail to pass at all; the administration and the Republicans have struggled to pass major legislation this year.
The dollar index, which has gained around 1 percent this week thanks to the Federal Reserve's indications for monetary policy tightening, may also be having an impact on those firms which rely on foreign earnings.
Dow futures pointed to an opening decline of about 18 points, while the S&P 500 futures indicated a roughly 1 point opening decline for the index. Nasdaq 100 futures pointed to an opening gain of about 9 points.
The S&P 500 set a record close Thursday.
In economic news, personal income in August rose 0.2 percent, as expected. The closely watched personal consumption expenditures index, excluding food and energy, rose 1.3 percent in the 12 months through August, the slowest since November 2015, according to the Department of Commerce.
The Chicago purchasing managers' index for September and the final reading of consumer sentiment will also be published.
Treasury yields traded slightly lower after climbing this week.
In Europe, the pan-European Stoxx-600 index was around 0.03 percent. In Asia, the Shanghai composite in China closed slightly higher, while the Nikkei in Japan closed 0.03 percent lower.
In oil markets, Brent crude traded about half a percent lower around $56.90, while U.S. crude traded slightly lower near $51.42.