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☆ What's Minneapolis' secret to fixing housing? Build more
▼ + stars: | 2024-09-20 | by ( Brian Cheung | ) www.cnbc.com time to read: +3 min

The Currie Commons housing development under construction in the Harrison neighborhood of Minneapolis, Minnesota, US, on Thursday, July 20, 2023. We want to house five or six or eight or 25 families," said Minneapolis Mayor Jacob Frey, who has overseen the Minneapolis 2040 plan. Both former President Donald Trump and Vice President Kamala Harris have broadly promised to provide some support for first-time homebuyers, with the Harris campaign offering more details. The campaign broadly said Trump's housing plan involves freeing up federal land for housing and cutting regulations. The Currie Commons housing development under construction in the Harrison neighborhood of Minneapolis, Minnesota, US, on Thursday, July 20, 2023.

Persons: Ben Brewer, Minneapolis Mayor Jacob Frey, Donald Trump, Kamala Harris, Harris, Tim Walz, Karoline Leavitt Organizations: Currie, Bloomberg, Getty, National Association of Realtors, Minneapolis Mayor, Minnesota Gov, Trump, Ford Motor Co Locations: Harrison, Minneapolis , Minnesota, United States, Minnesota, Minneapolis, U.S, Saint Paul , Minnesota, The Minneapolis

☆ 'I agonized over it': Behind the scenes with the reporter who uncovered the RFK Jr./Olivia Nuzzi story
▼ + stars: | 2024-09-20 | by ( Peter Kafka | ) www.businessinsider.com time to read: +8 min

After you put out your story and New York magazine put out a statement, Nuzzi put out her own statement, which might change the way people perceive the story. And as New York magazine said, I think they're taking this pretty seriously. Since we're having a media business conversation now: I was surprised when you launched that you made this a subscription product. There is lots of media journalism out there that is for free. So this stuff is expensive, and if you want to support good journalism, I think you should pay for it.

Persons: —, Olivia Nuzzi, Robert F, Kennedy Jr, Donald Trump, Nuzzi, Oliver Darcy, Darcy, Olivia, Joe Biden, It's, She's, CNN's Donie O'Sullivan, Tasos Katopodis, it's, I've, there's Organizations: Service, RFK Jr, Business, CNN, Vox Media, New York, RFK, White, York, Getty Images Locations: Olivia Nuzzi , New York, Donald Trump ., York, New York, America

☆ You can track Taylor Swift's tour by where airline ticket sales surge
▼ + stars: | 2024-09-20 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

United Airlines says Taylor Swift is boosting its weekend ticket demand. Swift's smash-hit 'Eras Tour' has injected billions into the economy. Go to newsletter preferences Thanks for signing up! AdvertisementNeed more proof of Taylor Swift's seismic economic sway? United Airlines' chief commercial officer Andrew Nocella said there is at least a 25% increase in ticket demand during weekend stops on Swift's "Eras Tour," Bloomberg reports.

Persons: Taylor Swift, —, Taylor, Andrew Nocella, Nocella Organizations: Airlines, Service, United Airlines, Bloomberg, Business

CNN —Investigators are trying to determine what motivated a Kentucky sheriff to allegedly shoot and kill a district judge after the two had an argument inside the judge’s chambers, according to Kentucky State Police. Letcher County, Kentucky District Judge Kevin R. Mullins Letcher County governmentLetcher County Sheriff Shawn M. Stines, 43, shot Mullins after an argument inside the judge’s chambers, a preliminary investigation revealed. It is unclear who will take over as the county sheriff following the arrest of Stines, who had been sheriff for about eight years. An ambulance near the scene after a district court judge in Kentucky was fatally shot in his chambers , on Thursday, September 19. The Kentucky Court of Justice is aware of the “tragic” incident in Letcher County, the court said in a statement on Facebook.

Persons: Kevin Mullins, Matt Gayheart, Kevin R, Mullins, Shawn M, Stines, Gayheart, ” Gayheart, “ We’re, Russell Countydeputy, Andy Beshear, Stines Mullins, Steve Beshear, ” Stines, “, General Russell Coleman, Jackie Steele, ” Coleman, Clayton Stamper, Laurance, VanMeter, ”, Mullins ’, ” VanMeter, Matt Butler, recusing, Butler, Judge Mullins, ” Butler, Ivy, Allison Ball, ” Ball Organizations: CNN —, Kentucky State Police, District, CNN, Kentucky’s, Gov, Associated Press, WKYT, AP, Kentucky, Judicial, KSP, Facebook, Southeast Kentucky Community, Technical College, Associated Press . Locations: Kentucky, Letcher, Whitesburg , Kentucky, Letcher County , Kentucky, Mullins Letcher, Letcher County, Laurel County, Jackhorn, Eastern, Central Kentucky, SOAR, Associated Press . Kentucky

☆ When 'The Penguin' takes place in 'The Batman' timeline explained
▼ + stars: | 2024-09-20 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +1 min

HBO's "The Penguin" is set in the same world as Matt Reeves' "The Batman." It follows Oz Cobb (Colin Farrell) as he tries to fill a void in Gotham's criminal underworld. Here's when it takes place in "The Batman" timeline. Go to newsletter preferences Thanks for signing up! AdvertisementIn HBO's latest crime drama "The Penguin," Oz Cobb (Colin Farrell) attempts to fill the void in Gotham City's criminal underworld left by the assassination of mob boss Carmine Falcone (John Turturro) in "The Batman."

Persons: Matt Reeves, Oz Cobb, Colin Farrell, —, Carmine Falcone, John Turturro, Falcone Organizations: Service, Business Locations: Gotham

☆ Constellation's nuclear deal 'side steps all the political fallout', says Keybanc's Karp
▼ + stars: | 2024-09-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConstellation's nuclear deal 'side steps all the political fallout', says Keybanc's KarpSophie Karp, Keybanc, joins 'Fast Money' to talk what Constellation's plan for reopening the nuclear plant at Three Mile Island could mean for the entire energy sector.

Persons: Keybanc's Karp Sophie Karp, Keybanc

☆ Galaxy Gas: What it is, the risks and more
▼ + stars: | 2024-09-20 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

CNN —For some young people, a popular method for getting a quick high is by misusing laughing gas — and lately, that’s in the form of nitrous oxide from products sold by the company Galaxy Gas. (It’s worth noting that some social media videos tagged “Galaxy Gas” depict nitrous oxide products from other brands.) The unlawful misuse of nitrous oxide products poses serious health hazards, said a Galaxy Gas spokesperson in a statement. “Galaxy Gas products are for responsible culinary use only, and we are deeply concerned about the recent news reports and social media posts of individuals illegally misusing our products,” the company spokesperson added. Other risks include brain damage, anemia, nerve damage, paralysis, vitamin B12 deficiency and nitrous oxide dependency.

Persons: Gail Saltz, Saltz, ” TikTok, ” Saltz, “ It’s, it’s, “ Organizations: CNN, company Galaxy Gas, Weill Cornell Medical College, Cornell University, Presbyterian, Gas, Galaxy Gas Locations: Atlanta, New York, United States, United Kingdom, Britain —, Netherlands

☆ Dan Campbell: Lions head coach selling Detroit home because of ‘safety concerns’
▼ + stars: | 2024-09-20 | by ( Ben Morse | ) edition.cnn.com time to read: +2 min

CNN —Detroit Lions head coach Dan Campbell is selling his home in the Motor City because of what he calls “safety concerns.”Campbell told Crain’s Detroit Business on Wednesday that he and his family “loved” the house but decided to move after fans found out where he lived. “There’s plenty of space, it’s on two acres, the home is beautiful,” Campbell told the outlet. Crain confirmed that Campbell was subject to pranks and harassment as a result. “Dan and Holly Campbell are Detroit treasures,” Crain told CNN. After a lackluster first season, he has played a key role in turning Detroit into one of the best teams in the NFL.

Persons: Dan Campbell, ” Campbell, “, It’s, Ashley Crain –, Campbell, Crain, “ Dan, Holly Campbell, ” Crain Organizations: CNN — Detroit Lions, Detroit Business, Dallas Cowboys, CNN, Lions, CNN Sport, Cowboys, Bloomfield Township Police Department, NFL, The Lions, NFC, San Francisco 49ers Locations: Motor City, Detroit, Bloomfield Township

☆ TikTok's global head of marketing is leaving as part of a reorg. Read the leaked memo to staff outlining the changes.
▼ + stars: | 2024-09-20 | by ( Dan Whateley | ) www.businessinsider.com time to read: +6 min

Read previewKate Jhaveri, TikTok's head of global marketing, is leaving the company this month as part of a leadership shake-up, according to an internal memo shared with staffers. "Together, we decided the best way to achieve this vision is to remove the head of global marketing role, and bring everyone within Global Brand & Comms under one leader." Its former VP of global communications, Hilary McQuaide, exited the company that same month, the executive posted on LinkedIn. Together, we decided the best way to achieve this vision is to remove the head of global marketing role, and bring everyone within Global Brand & Comms under one leader, aligning our work and goals toward one comprehensive vision. AdvertisementFinally, we are also making a change to our social media team to enable a more scalable model for Global Brand & Comms.

Persons: —, Kate Jhaveri, Zenia Mucha, Mucha, Jhaveri, Zuber Mohammed, Hilary McQuaide, ByteDance, Kate, Dexter Fedor, Manish Gupta, Alistair Lennie, Zuber, Alastair Boyle, Jordan Guo, Carol Baracat, Helen Lawrence, Erin Fors Organizations: Service, Global, Business, Disney, NBA, LinkedIn, CSR, AMS, EMEA, Global Brand Locations: Beijing

☆ Pager attack used supply-chain spy tactic, says Chertoff Group CEO Chad Sweet
▼ + stars: | 2024-09-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPager attack used supply-chain spy tactic, says Chertoff Group CEO Chad SweetChad Sweet, Chertoff Group CEO, joins CNBC's 'Power Lunch' to discuss how last week pager blast in the Middle East was carried out, the potential impact for U.S. companies, and more.

Persons: Chad Sweet Chad Sweet Organizations: Chertoff

☆ Champions League Thursday takeaways: Monaco dominates Barcelona, Wirtz and Raya impress
▼ + stars: | 2024-09-20 | by ( Jamie Barton | ) edition.cnn.com time to read: +7 min

CNN —The first week of the new-look Champions League came to an end on Thursday, with Barcelona and Arsenal both in action. An early red card for Eric García for a professional last man foul on Takumi Minamino gave the 2004 Champions League finalist a huge boost, and the French side took full advantage. It was the 17-year-old’s debut Champions League goal after his eye-catching brace against Girona at the weekend. That’s very important.”Florian Wirtz shines on Champions League debutIt took Florian Wirtz just five minutes of Champions League football to grab his first goal in the competition. Even if not, all eyes will surely be on the next matchday when the Champions League returns on October 1, highlighted by Arsenal vs Paris Saint-Germain.

Persons: Hansi Flick, Eric García, Takumi Minamino, ” Flick, Maghnes Akliouche, Marc, André ter Stegen, Lamine Yamal, George Ilenikhena, ter Stegen, Kylian Mbappé, “, ”, Flick, ” David Raya, David Raya, Emmanuele, Atalanta, Thomas Partey’s, Raya, Mateo Retegui’s, I’ve, David, Mikel Arteta, Iñaki, ” Florian Wirtz, Florian Wirtz, Xabi, Álex Grimaldo, Wirtz, Jeremie Frimpong, Timon Wellenreuther, Wellenreuther’s, John Thys, ” Wirtz, Harry Kane, Michael Olise, Jamie Gittens, Germain, Manchester, Jack Grealish, Shaun Botterill, Sturm Organizations: CNN, League, Arsenal, Monaco, Barcelona, La Liga, AS Monaco, Girona, Villarreal, Liverpool’s, AC Milan, Manchester, Inter, Champions League, Atalanta, Tottenham Hotspur, Gunners, Stadio, Bergamo, Bayer Leverkusen, Feyenoord, Getty, Swiss Model, Manchester City, Inter Milan, Rodri, Bayern Munich’s, Dinamo Zagreb, Slovan Bratislava, Sturm Graz, Paris Saint, Crvena Zvezda, Star, Benfica Feyenoord, Bayer Leverkusen Stade Brestois, Sturm Graz Atalanta, Arsenal Atlético Madrid, Leipzig AS Monaco Locations: Barcelona, AFP, Swiss

Washington CNN —President Joe Biden wrapped a meeting with his Cabinet on Friday, his first high-profile convening of his advisers in a year as he tries to set his post-presidential legacy. Ahead of the meeting, a White House official said Biden would instruct Cabinet members to “sprint to the finish,” as he looks to burnish legacy items while ensuring as much of his agenda is implemented before a potential second Trump presidency. And, he will tell his Cabinet to bring to him directly any hurdles or obstacles they are facing to get things done,” the official said ahead of the meeting. Administration officials have serious doubts a deal can be struck before Biden leaves office, and tensions in the region are only escalating. “The president will direct his Cabinet to get to work and make the next four months as productive as any other period in our administration,” the official said.

Persons: Joe Biden, Biden, Trump, “, hadn’t, Donald Trump, Harris, ”, ” Biden, “ They’ve, “ We’re, Jill Biden, she’s Organizations: Washington CNN, White, Biden, Administration, Congress Locations: America, Lebanon, Israel

☆ WNBA round-up: Playoff picture set as record-breaking regular season comes to a close
▼ + stars: | 2024-09-20 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +7 min

The regular season came to a close on Thursday night with all 12 teams in action. Diana Taurasi, widely considered to be one of the best women’s basketball players of all time, addressed the Phoenix crowd on the court after what was possibly her final regular season game ever. It has been speculated that this will be Taurasi’s final season as an active player. Record crowd in attendance for Caitlin Clark’s final rookie regular season gameThis season has seen record highs in attendance and viewership, continuing right until the end of the regular season. Clark drives to the basket in the final regular season game of her rookie year.

Persons: Diana Taurasi, “ There’s, there’s, ”, Taurasi, Christian Petersen, that’s, Caitlin Clark’s, Caitlin Clark, Sabrina Ionescu, Clark, –, Charles Brock, “, Christie Sides, Sika Koné, Tina Charles, Charles, Sylvia Fowles, Rich von Biberstein, ” Charles, Fowles Organizations: CNN, WNBA, Mercury, Seattle Storm, Minnesota Lynx, Capital, Washington DC, Mystics, Indiana Fever, Washington, Atlanta Dream, New York Liberty, Atlanta, Liberty, New, Phoenix Mercury, Connecticut Sun, Las Vegas Aces Locations: Washington, Thursday’s, New York

☆ Nike's new CEO can't rest on retro styles and must innovate to turn the company around, analyst says
▼ + stars: | 2024-09-20 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

Nike is naming Elliott Hill, a company veteran of more than 30 years, as its new CEO. In the past few years, Nike relied too much on recycling old styles, an analyst told BI. Go to newsletter preferences Thanks for signing up! The company announced on Thursday that its CEO of four years, John Donahoe, will retire and be replaced by Elliott Hill, a company veteran of more than 30 years. Hill joined the company as an intern in 1988 and left in 2020 as the president of Nike's consumer and marketplace division.

Persons: Elliott Hill, —, John Donahoe, Hill Organizations: Nike, Service, Business

☆ Exclusive: Harris campaign launching new ad seeking to tie Trump to Mark Robinson
▼ + stars: | 2024-09-20 | by ( Alayna Treene | ) edition.cnn.com time to read: +5 min

This is the first Harris campaign ad tying Trump to a down-ballot campaign, the Harris campaign told CNN. The Trump campaign did not immediately respond to a request for comment about the new ad. In a statement to CNN following Thursday’s KFile reporting, Trump campaign spokeswoman Karoline Leavitt said, “President Trump’s campaign is focused on winning the White House and saving this country. We will not take our eye off the ball.”The Trump campaign has so far declined to weigh in specifically on CNN’s reporting about Robinson’s controversial comments. Before the CNN story was published, Trump’s campaign had not invited Robinson to Trump’s Saturday event, and sources noted that decision was likely to hold.

Persons: Kamala Harris ’, Donald Trump, Mark Robinson, Robinson, Harris, Trump, intersperses, ”, Martin Luther King ”, Walz campaign’s, Roe, Wade, Harris ’, Amber Thurman, Candi Miller, ” Harris, Walz, Jen O’Malley Dillon, “ Trump, ” O’Malley Dillon, Karoline Leavitt, Trump’s, Biden, “ Martin Luther King Organizations: CNN, North, Republican, Labor, White, Trump Locations: North Carolina, Georgia, Wilmington , North Carolina, Asheville, Asheboro

☆ Jim Cramer explains why DuPont is the No. 1 stock he would buy right now
▼ + stars: | 2024-09-20 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. "When people ask me out here which stock in your portfolio would you buy right now, its DuPont," Jim said, adding that at $82 he would buy shares despite the overall market being overbought. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, Jim, Dupont's, Johnson, Jim Cramer's Organizations: CNBC, Devices, Broadcom, Nvidia, AMD, Evercore ISI, DuPont, FedEx, Nike, PepsiCo, Constellation Energy Locations: AMZN

The iPhone 16, Apple Watch Series 10, and new AirPods models are now available at Apple stores. AdvertisementThe new AI iPhone is officially available in Apple stores, hitting shelves in almost 60 countries around the world on Friday morning. The iPhone 16 is the first phone to launch in Apple's new era of artificial intelligence. A new Apple Watch Series 10, an improved Apple Watch Ultra 2, and new AirPods models also made their debut on Friday. Although the iPhone 16 won't come straight out of the box with Apple Intelligence, it's one of only two iPhone generations that's compatible with the software.

Persons: — Organizations: Apple, Apple Intelligence, Service, Business Locations: Singapore

☆ Europe automaker shares slump after Mercedes becomes latest to cut 2024 guidance
▼ + stars: | 2024-09-20 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

An employee does final inspections on a Mercedes-Benz C-Class at the Mercedes-Benz US International factory in Vance, Alabama. Mercedes shares fell more than 8% Friday after becoming the latest carmaker to cut its guidance this year as sluggish demand in China and trade disputes weigh on the sector. Shares pared losses slightly to trade 6.9% lower as of 9:40 a.m. London time. "This affected the overall sales volume in China including sales in the Top-End segment. Overall, the sales mix in the second half of 2024 is expected to remain unchanged versus the first half, and therefore weaker than originally expected," the company said.

Persons: Mercedes Organizations: Benz, Mercedes, Benz US International, Volvo, BMW, Continental Locations: Vance , Alabama, China, London

☆ Paranoia over tech is mounting in Lebanon after deadly Hezbollah-pager explosions
▼ + stars: | 2024-09-20 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +1 min

Pager explosions in Lebanon killed 37 and injured around 3,000 people, Lebanese authorities said. Some Lebanese residents are now viewing gadgets such as baby monitors with suspicon, reports said. Go to newsletter preferences Thanks for signing up! AdvertisementThe deadly Hezbollah-pager explosions are causing mounting distrust, with some Lebanon residents growing increasingly suspicious of their electronic devices. Lebanese and US sources believe the explosions could have been a coordinated attack by Israel, BBC News reported.

Persons: — Organizations: Service, BBC News, Business Locations: Lebanon, Israel

☆ Harris Has a Polling Edge in Wisconsin, but Democrats Don’t Trust It
▼ + stars: | 2024-09-20 | by ( Reid J. Epstein | More About Reid J. Epstein | ) www.nytimes.com time to read: +1 min

On paper, Vice President Kamala Harris should be feeling hopeful about Wisconsin. The last 40 public polls included in The New York Times polling average of the vital battleground state show her leading in 28, tied in four and trailing former President Donald J. Trump in eight. Ms. Harris, who is set to hold a rally in Madison on Friday evening, was up by four percentage points in the latest survey from Marquette Law School, widely considered the gold standard of Wisconsin polling. The Times polling average has shown her leading every day, albeit narrowly, since Aug. 6. And yet, in what has appeared to be Democrats’ strongest battleground state even when President Biden was still in the race, Democrats, Republicans and even the state’s pollsters can agree on one thing: They don’t fully trust the polling and don’t believe Ms. Harris is ahead by as much as some of the surveys say.

Persons: Kamala Harris, Donald J, Trump, Harris, Biden, ”, Charles Franklin Organizations: Wisconsin, The New York Times, Marquette Law School, Republicans Locations: Madison, Wisconsin

☆ Stovall: We're going to find that wanting a rate cut is more profitable than having one
▼ + stars: | 2024-09-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStovall: We're going to find that wanting a rate cut is more profitable than having oneCFRA chief investment strategist Sam Stovall says even with the markets' enthusiasm over the Fed's outsized rate cut, we're not out of the woods yet in terms of seasonal patterns.

Persons: Stovall, We're, Sam Stovall, we're

Learn moreI tried on similar pairs of straight-leg jeans at Abercrombie, J. The pair from Abercrombie fit nicely along my waist, but they were a bit too baggy in the legs. I loved the jeans I tried on at Madewell and ended up buying a pair. I tried on similar straight-leg jeans from the three contenders to compare each style based on the fit, fabric, variety of sizing options, and price. I was surprised by my favorite, but I took home a pair of jeans I'll be wearing regularly for the fall season and beyond.

Persons: J, Abercrombie, —, they're, I've Organizations: Business, Abercrombie, Service Locations: Madewell

☆ Germany won't sell more Commerzbank shares for now, finance agency says
▼ + stars: | 2024-09-20 | by ( ) www.cnbc.com time to read: 1 min

Germany will not sell any more shares in Commerzbank for the time being and the bank's strategy is "geared towards independence," the nation's finance agency said on Friday. The statement comes days after the Italian bank UniCredit announced it had bought a 9% stake in Commerzbank - from the German government as well as on the open market - and its chief executive said he wanted to explore a merger. The agency announced that at a meeting on Friday it decided it "will not, until further notice, sell any additional shares".

Organizations: UniCredit Locations: Germany, Commerzbank

☆ CNBC Daily Open: One day makes all the difference
▼ + stars: | 2024-09-20 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. "Recalibration" Fed Chair Jerome Powell's use of the word "recalibration" seemed to reassure investors that the central bank's 50 basis point cut wasn't that worrying. It signaled the Fed wasn't responding to a slowing economy, but shifting focus to ensuring employment doesn't dip further, wrote CNBC's Jeff Cox. At the end of Washington's song, she croons, "What a difference a day makes / And the difference is you."

Persons: BOE, Jerome Powell's, Jeff Cox, Dinah Washington, Oppenheimer, Brian Belski, Powell, –, Alex Harring, Fred Imbert, Hakyung Kim, Lisa Kailai Han Organizations: Nasdaq, CNBC, JPMorgan Chase, of England, Monetary, Fed, Dow, Nvidia, Apple, BMO Locations: New York, Dinah Washington . Washington

☆ Stock market today: Indexes edge down as traders hit pause after rally to record highs
▼ + stars: | 2024-09-20 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

US stocks traded slightly lower as investors pressed pause on the rally to record highs. The S&P 500 and Dow Jones hit record highs on Thursday after the Federal Reserve's 50 basis point rate cut. Heavy trading is expected on Friday due to option expirations and S&P quarterly index rebalancing. AdvertisementUS stocks traded sightly lower on Friday as investors pressed pause on the ongoing rally to record highs. The so-called triple witching day occurs when there is a simultaneous expiration of stock options, index options, and index futures contracts.

Persons: Dow Jones, —, Thursday's, Jerome, Brian Belski, Michael Reinking, Reinking Organizations: Federal, Service, Dow Jones, Nasdaq, NYSE, Here's

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