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Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut rates amid a strong economy.

(Bloomberg) -- Though China’s economy is in a period of transition, the country still offers investment opportunities, Oaktree Capital Management LP’s Howard Marks told attendees at the annual Sohn Australia conference in Adelaide on Friday.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expan

(Bloomberg) -- Chinese steel output recovered in October, snapping four months of declines, as sentiment brightens following Beijing’s efforts to rekindle economic growth.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsHealthier margins allowed steelmakers to churn out m

The famous value investor is buying up a stock he expects to rebound due to a coming agricultural boom cycle.

"There are few drivers left to keep the equity party going," economist David Rosenberg said.

Disney rallied after earnings, as investors got a rare three-year forecast that showed the company expects double-digit earnings growth in 2026 and 2027.

Warren Buffett's Berkshire Hathaway took stakes in Domino's Pizza and swimming pool supplier Pool Corp. in the third quarter while continuing to trim stakes in longtime holdings Apple and Bank of America.