NewsWatch: Dow under pressure early Friday as tech stocks stumble, dragging down S&P 500, Nasdaq

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MARKETWATCH FRONT PAGE

U.S. stock indexes were headed lower early Friday, with the indexes trying to avoid a three-session weekly losing streak, amid uncertainty about a fresh round of fiscal stimulus from Washington lawmakers and concerns about tensions between the U.S. and China. See full story.

Tech bubble? Credit Suisse strategists say ‘no’ but say it’s time to get pickier with these stocks

Strategists at Credit Suisse say the word “bubble” isn’t appropriate for the tech sector, but say it’s time to get pickier. See full story.

Billionaire investor Ray Dalio on capitalism’s crisis: The world is going to change ‘in shocking ways’ in the next five years

Veteran hedge-fund manager says capitalists don’t divide the economic pie well, so the system isn’t working effectively for all. See full story.

Fed makes its last stand in struggle to keep potent in age of low interest rates

Federal Reserve Chairman Jerome Powell laid out the Fed’s battle plan to stay potent in an age of low interest rates by promising to allow inflation to overshoot its 2% target and setting strict criteria for the first rate hike.. See full story.

Mortgage rates remain near record lows — now the challenge will be finding a lender willing to give you one

The supply of mortgages has dropped to the lowest level since 2014, according to one metric. See full story.

MARKETWATCH PERSONAL FINANCE

Also, an interview with Schwab chief investment strategist Liz Ann Sonders. Plus, attractive locations for retirement living. See full story.

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