IMF managing director Georgieva said member countries are discussing emerging cracks in economic resilience as energy and fiscal buffers are being depleted.

Technology reporter Mark Gurman said Apple (AAPL.O) appears to have rushed the iPhone Duo to hit an earlier release despite insufficient supply. He said Apple may not have broadly adequate inventory until at least November and has not disclosed whether physical stores will have units available on opening day; without that clarity many customers may queue and be left disappointed.

S&P 500 was roughly flat on Friday while the Nasdaq 100 fell about 1%. Fed Chair Kevin Warsh’s remarks at the IMF reinforced market bets the Fed will hold rates in October, supporting risk appetite, JP Morgan global market intelligence head Andrew Tyler said, adding the firm is watching selective dip-buying opportunities. A sharp drop in cloud provider CoreWeave and persistent doubts over the sustainability of AI investment kept pressure on AI-related tech stocks. Global bond yields near two-decade highs are raising borrowing costs and heightening concern that AI spending and richly valued tech names, whose valuations depend on profits years out, could prove vulnerable.