Traders in the federal-funds-futures market appeared nearly certain Friday that the Federal Reserve will cut interest rates two more times this year, as they weighed fresh inflation data that was softer than expected.

Major stock indexes rose Thursday, as investors digested the latest batch of corporate earnings and China trade news.

Stay updated on mixed stock futures, Tesla earnings, U.S.-China tariff tensions, and key inflation data ahead of the Fed meeting.

U.S. stock futures advanced on Friday, building on their earlier gains, after the long-awaited September CPI report showed prices rose by less than economists had expected last month. S&P 500 futures rose by 47 points,

On Tuesday, Netflix and Texas Instruments are due. On Wednesday, Tesla and IBM will report, while Intel is scheduled for Thursday.

"Highly respected President Xi just had a bad moment. He doesn’t want Depression for his country, and neither do I. The U.S.A. wants to help China, not hurt it!!!"

Gold futures have soared above $4,000 per troy ounce for the first time, as many investors seek a “safe haven” to park their money during the continuing U.S. government shutdown.

London’s FTSE 100 index was the only riser in Europe while shares in Asia reflected a selloff in precious metal-related stocks.