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S&P Global said Friday that U.S. PMI data for June shows the U.S. economy running close to a 2% rate in the second quarter.

"All these things are kind of colliding — high inflation, high interest rates," a CreditCards.com analyst said.

Toy company Zuru is recalling over 7 million bath toys after 12 children were cut, impaled or punctured after sitting or falling on the plastic sharks

Gold futures were slightly higher Friday after three days of falls that took the most-active contract to its lowest settlement in three months following a flurry of interest-rate hikes from central banks in Europe on Thursday.

Oil futures slumped Friday, extending losses seen the previous session after a flurry of rate increases by global central banks.

Investors were in a risk-averse mood on Friday, driving down yields on both sides of the Atlantic after a spate of interest rate rises from global central banks with expectations of more to come.

Shares of Adani Group companies slumped on Friday after a report that the U.S. Justice Department and the Securities and Exchange Commission were examining the company's communications to investors.

Mutual-fund and ETF flows suggest that stock-market investors now are more fearful than greedy.

Flows from the U.S. defined benefit pension system into equities may dry up, says a JPMorgan strategist.

James Cameron, the director of the 1997 Oscar winning film "Titanic," has been reacting to news that the submersible that appeared to implode while visiting the wreckage of the 1912 doomed ship.

The share of people who are seriously delinquent, or more than 90 days late on their debt, has risen above pre-pandemic levels. 

Investors were gravitating toward the dollar and bonds on Friday as concerns mounted that global central banks may trip a recession.