Stock futures (ES=F, NQ=F, YM=F) are flat after the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) rallied and closed at new record highs in Thursday's session.

Nike (NKE) CEO John Donahoe is stepping down to be replaced as president and chief executive by Elliott Hill.

Apple's (AAPL) new iPhone 16 officially goes on sale at retailers and Apple Store locations.

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This post was written by Luke Carberry Mogan.