The Fed minutes also note that "a couple" members wanted a 50 basis point cut, based primarily on the weak inflation readings.The Fedread more
Market focus is largely attuned to the Federal Reserve, with the U.S. central bank scheduled to publish its latest meeting minutes.Bondsread more
Federal Reserve members worried over future growth are highly concerned about the U.S.-China tariff battleThe Fedread more
President Trump and Apple CEO Tim Cook have had a rocky relationship in recent years, but Trump is now complimenting the executive publicly.Technologyread more
Here's what Nordstrom reported in their fiscal second-quarter earnings.Retailread more
Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement.Marketsread more
"Federal debt, which is already high by historical standards, is on an unsustainable course," CBO director Phillip Swagel said in the report.Politicsread more
The president's remark followed a string of criticisms aimed at his predecessors, whom he claimed had ignored China's alleged malpractice on trade.Politicsread more
President Trump liked Germany's sale of no-interest, 30-year bonds Wednesday, but investors weren't so eager to buy them.Market Insiderread more
SunTrust Robinson Humphrey analysts said in a research note the "Off-Facebook Activity" feature "appears to fall somewhat short of the original pledge by CEO Zuckerberg of...Technologyread more
"If you look at the market over the past week, stocks don't need any help. They are roaring ahead, without the Fed doing anything," says the longtime market strategist.Marketsread more
European markets closed down Friday afternoon as a slowdown in corporate earnings spurred profit-taking among investors.
The pan-European Stoxx 600 closed 0.37 percent lower Friday afternoon. While major bourses were in negative territory, sectors themselves were pointing in different directions.
Leonardo was the biggest loser Friday after the firm cut its revenue and profit guidance for 2017. The Italian aerospace and defense company cited a challenging environment in its helicopter business as the prominent reason for sharply reducing its outlook. Leonardo slumped to the bottom of the benchmark on the news, and closed the week 14 percent lower.
Shares of British fashion icon Burberry slipped again Friday, closing down over 2 percent. A string of brokers, including Deutsche Bank, Credit Suisse and JPMorgan, all cut their target price for the stock after Burberry warned sales would stagnate over the next two years.
With many sectors moving south basic resources stocks led the gains, closing up 0.29 percent. ArcelorMittal posted stronger-than-anticipated core profit in the three months through September and said it was upbeat about 2018. Shares of the world's largest steelmaker meant that it closed as the second best performing stock on the benchmark, up 3.37 percent.
European banks were the second best performing sector, up 0.29 percent.
Major U.S. stock indexes opened slightly lower Friday, threatening to break multi-week winning streaks. But, earnings from technology firm Nvidia which easily beat analysts' expectations boosted the sector more broadly.
This week's two-day Brexit talks in Brussels concluded with the EU's Brexit negotiator Michel Barnier urging the U.K. to move faster in its negotiations to leave the group. There are several outstanding issues, including the size of the U.K.'s divorce bill, that are obstructing further progress being made.
Meanwhile in China, a massive 24-hour shopping extravaganza known as Singles Day has just begun. The event outsells America's Black Friday and Cyber Monday sales put together. E-commerce platform Alibaba sold $17.7 billion of goods during Singles Day last year.
Elsewhere, President Donald Trump's tour of Asia continued to be in the spotlight. Trump flew to a major economic summit in Da Nang, Vietnam, Friday morning, and subsequently pushed his "America First" agenda, saying that "We can no longer tolerate these chronic trade abuses, and we will not tolerate them."