 | | | | U.S. stocks extended their recent rally on Friday and the S&P 500 and Nasdaq indexes scored their biggest weekly percentage gains since the U.S. elections in early November, boosted by optimism over earnings, stimulus talks and progress on vaccine rollouts. | | | | | | Amazon.com Inc has ordered more than 1,000 truck engines that run on compressed natural gas as it tests ways to shift its U.S. fleet away from heavier polluting trucks, the company told Reuters on Friday. | | | | | | A gauge of global equity markets scaled a new record on Friday on investor expectations of further stimulus from Washington and economic revival hopes that also lifted crude oil prices to nearly $60 a barrel. | | | | | | Shares of GameStop and other companies caught in the recent social media-hyped trading frenzy rose on Friday, after online broker Robinhood lifted all the buying curbs imposed at the height of the battle between amateur investors and Wall Street hedge funds. | | | | | | Oil prices rose about 1% on Friday, after hitting their highest in a year and closing in on $60 a barrel, supported by economic revival hopes and supply curbs by producer group OPEC and its allies. | | | | | | U.S. employment growth rebounded moderately in January and job losses in the prior month were deeper than initially thought, strengthening the case for a sizable relief package from the government to aid the recovery from the COVID-19 pandemic. | | | | | | The U.S. jobs report on Friday showing a less than expected rebound in January underscores the urgent need for President Joe Biden's coronavirus recovery plan, White House economic adviser Jared Bernstein said. | | | | | | U.S. regulators are following up on a critical report about Clover Health Investments Corp by short-selling specialist Hindenburg Research and have told the insurance company to preserve any relevant documents. | | | | | | As the trading frenzy that took shares of GameStop Corp and other favorites of retail investors on a wild ride recedes, investors are eyeing signs of potential market stress that could weigh on broader stock performance in coming weeks. | | | | | | A federal judge on Friday dismissed nearly all of a lawsuit accusing upscale grocery chain Whole Foods Market of illegally punishing workers who wore Black Lives Matter face masks on the job. | | | | | |
