U.S. stocks rise after three-day slide; tech shares gain

Investors welcomed new data showing inflation at the consumer level inched higher in July, suggesting the Federal Reserve may be less likely to raise interest rates next month. "Hopefully Kim Jong Un will find another path", tweeted, US President Donald Trump in another warning to N Korea on Friday.

He told reporters in the late afternoon that he hoped North Korea "fully" understood the gravity of his warning about taking military action against the United States or its allies.

"There's not a great incentive to buy big".

Just 38 percent of investors expected the central bank to rates again at the end of the year, down from about 45 percent, according to the latest CME Group's FedWatch tool.

The Dow Jones industrial average gained 14.31 points, or 0.1 percent, to 21,858.32. It has fallen more than 1 percent on only three days this year.

Flooding possible Saturday into Sunday
A weak front drops south of the Valley on Sunday pushing most of the scattered storms southward into Central and South Alabama. The chance for thunderstorms will increase Saturday night, with more chances Sunday night, according to the forecast.

'The show is fake' CBB contestant Trisha Paytas lashes out in video
Hours later, the content creator was online, and upoloaded a video entitled Why I Regret Leaving Celebrity Big Brother . Speaking to fellow housemates Paul Danan and Amelia Lily , Sarah confesses that she doesn't speak to the other girls.

Pogba explains what Man Utd must do to be considered 'big' again
The first week of the season is always one of the hardest to predict, but our writers have a lot of confidence in the top six. When you also have the players he has, that makes it a massive challenge for us.

Robert Phipps, a director at Per Stirling Capital Management LLC in Austin, Texas, said he was reassured after Dallas Fed President Rob Kaplan said the Fed needs evidence of progress toward its inflation goal before raising rates.

NASDAQ measures a number of indices reflecting the reaction of USA's high tech markets and business environments on the country's political and economic developments which have an impact on high tech markets.

Shares of Snap were down nearly 12 percent after hitting an all-time low following a miss on revenue and daily active users.

The Nasdaq is up 873.44 points, or 16.2 percent.

People walk by New York Stock Exchange (NYSE) in the financial district in New York, US, August 10, 2017.

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