Stocks end sharply lower on Friday, wrapping up a brutal week and a tough month for investors.

Stock futures bounce to close out brutal September trading; Inflation back in focus as Fed steps-up rate hike rhetoric; Nike shares crushed as inventory bloat set to hammer margins; Micron shares jump as Japan deal offsets muted outlook and Boeing faces tight timeline for 737 MAX certification.

Stocks tumbled Thursday, while the dollar resumed its grip on global risk markets, rising from its worst day in more than two years as investors refocus on inflation concerns.

Stock futures slide as dollar resumes market grip; Amazon unveils wage hikes ahead of holiday season; Porsche shares leap on Frankfurt IPO debut; Nike earnings in focus as inventory, dollar pressure margins and Hurricane Ian slows, leaves billions in devastation in wake.

Stock futures edge lower amid currency market chaos; Week Ahead: Fed inflation gauge in focus as rates leap; Sterling crisis sends pound to all-time low against the dollar; Amazon follows Target in early holiday sales kick-start and Hurricane Ian bears down on Cuba, headed for Florida gulf coast.

Semiconductor makers seem to scare investors worried about the health of the economy.

Value stocks will gain whether inflation peaks or the Fed tightens enough to spark a recession, Goldman Sachs said.

“Our new leading-edge memory manufacturing fab will fuel U.S. technology leadership, ensuring a reliable domestic supply of semiconductors that is critical to economic and national security," said CEO Sanjay Mehrotra.

The short-term outlook for semiconductor manufacturers is not very encouraging.

Tesla is expected to start production of its highly anticipated futuristic truck in 2023.

A development team led by Seth Rogen is working on a production that centers on a less well-known character with a nonetheless devoted following.

The Fed's preferred inflation gauge topped Street forecasts Friday, snuffing out hopes of a near-term change in the central bank's rate hiking plans.