Economic indicators

The producer price index saw its largest monthly drop in four years.

The markets will be soothed by September nonfarm payrolls that rose 136,000 while the unemployment rate sank to 3.5%, its lowest level since December 1969.

Slower-than-expected services sector growth and weakness in orders and employment "almost assure that the Fed cuts rates later this month."

Recession concerns remain muted, even though manufacturing hit a 40-month low and businesses have turned "more cautious" in their hiring.

The start of an impeachment inquiry brings uncertainty, as business investment continues to be soft.

This month's plunge in consumer confidence signals that the economy is losing steam.

The U.S. economy is growing slower than it has in the past couple of years, and conditions may get worse in the next few quarters, according to Federal Reserve Bank of St. Louis President James Bullard.

The household employment survey showed good economic news, while other measures were mixed.

The Federal Reserve took center stage again Friday, with two presidents explaining why they dissented at the latest meeting and Vice Chair Richard Clarida terming it “healthy” debate.

A rate cut alone probably won't avert a recession. A rate cut combined with a ceasefire in the trade war might, according to one market strategist.