Wall Street is getting another look at the Fed's favorite inflation gauge Friday.Stock futures climbed Friday morning as the major averages head into the final trading day of August. Futures tied to the S&P 500 rose 0.4%, while Nasdaq 100 futures advanced 0.7% and Dow Jones Industrial Average futures gained 0.2%. For the month, both the S&P and Dow are up about 1.2%. The tech-heavy Nasdaq Composite is down almost 0.5%.
Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyThe once-dominant computing company has engaged advisors to review strategic options, a person familiar with the matter tells CNBC's Rohan Goswami. Advisors are considering a full range of options — including splitting off and selling businesses — and will present their findings at an upcoming Intel board meeting in September, the person said.
– CNBC's Pia Singh, Jeff Cox, Gabrielle Fonrouge, Yun Li, Ece Yildirim, Rohan Goswami and Leslie Josephs contributed to this report.
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