Market Pulse - Usa
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US midday: Stocks recover from early losses
Stocks have moved into the black in another volatile session thus far, albeit less than on Thursday, with traders already looking out to the following week's release of consumer price data for January as a potentially key event.
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Amazon not backing down from Premier League TV auction
Analysts believe that Facebook, Google and Netflix are no longer interested in bidding for the Premier League’s broadcasting rights but Amazon may still look to tackle current owners Sky and BT in the forthcoming TV auction.
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Bad news for postal operators as Amazon launches delivery service - report
Amazon plans to launch a postal delivery service for businesses in the US, which could spell bad news for the likes of Royal Mail's Parcelforce arm and European rivals DPD and Hermes.
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US close: Traders suffer another red session
Thursday's batch of Federal Reserve speakers was not especially 'hawkish', but the Bank of England's unexpected take on the outlook for interest rates rekindled some of the market's concerns over inflation and where rates may be headed - even in the medium-term.