Here are the most important news items that investors need to start their trading day:
1. Limping home
Stocks are on track for a losing week as we enter Friday. The three major U.S. indices are all coming off a particularly rough day Thursday, as well, with both the Nasdaq and the S&P 500 shedding more than 1%, and the Dow falling 250 points. The market is chewing over key earnings from Amazon, Ford and Intel, while gearing up for another slew of quarterly results next week. On the data front, Friday brings the latest incarnation of the Federal Reserve’s favorite inflation gauge, the personal consumption expenditures (PCE) measure for September. Follow live market updates.
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