President Barack Obama addressed an audience of several hundred people at Northwestern University in Evanston, Ill., on Thursday, where he struck a positive tone as he applauded America’s economic progress and expressed his confidence in its position as the world’s leading nation.
A group of 10 nations met on the sidelines of a NATO summit to discuss how to combat Islamic State, as U.S. Secretary of State John Kerry vowed to eradicate the radical group that controls swathes of Syria and Iraq.
The dollar strengthened to a seven-month high against the yen and government bonds fell before data that analysts forecast will show expansion in U.S. manufacturing. Commodities tumbled as oil and gold sank.
U.S. stocks fluctuated after the Standard & Poor’s 500 Index had its best month since February, as investors awaited data estimated to show manufacturing in the world’s biggest economy continued to expand in August.