Wall Street’s five-day rally falters ahead of earnings

U.S. stocks edged about 0.4 percent lower on Friday as investors booked profits after a five-day rally and reset positions ahead of the earning season, which will begin with big Wall Street banks next week.

Spanish draft budget ups social spending, taxes rich in vote hunt

Spain’s minority Socialist government rolled out its 2019 budget proposal on Friday, promising to slash the deficit but boost social spending in a bid to please voters who may have to decide on the administration’s future as soon as this year.

U.S. shutdown sends grain traders, farmers hunting for data

When the U.S. Department of Agriculture announced a slew of key farm reports would not be released on Friday due to the partial government shutdown, the phones at crop forecaster Gro Intelligence blew up.