Axios reported House Speaker Johnson said he will submit a housing bill to the White House after meeting with Trump.

U.S. crude futures settled at $71.92/bbl, up $1.58, or 2.25%.

Fed's GOOLSBEE said on Thursday that while the latest US inflation report shows a glimmer of improvement in services inflation, underlying inflationary pressure remains too high and the trend is worrying. In a CNBC interview he declined to say whether the Fed should raise rates or keep them unchanged and said he agreed with Fed Chair KEVIN WARSH that policymakers should avoid stoking speculation about the future path of rates.