NewsWatch: GameStop stock on track for 200% weekly gain, only its second best week ever

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MARKETWATCH FRONT PAGE

GameStop Corp.’s stock appeared relaxed in early morning trading Friday compared with recent days but shares are still on track for their second best week of what has been a tumultuous year. See full story.

Dow skids 280 points as stock market extends yield-fueled selloff

Stocks Friday morning head firmly lower, extending losses on the week that have been triggered by a rise in Treasury yields, which has left the tech-heavy Nasdaq Composite on track for the worst weekly skid since October. See full story.

J&J’s one-shot COVID-19 vaccine nears authorization as FDA has no ‘specific safety concerns’

The Food and Drug Administration said that Johnson & Johnson’s single-dose COVID-19 vaccine candidate has no unexpected safety concerns, in a step that moves the experimental vaccine one step closer to emergency authorization. See full story.

$15 minimum wage won’t make it into Biden’s $1.9 trillion COVID relief package — but lawmakers have other options

‘Democrats are unanimous that they want to raise the minimum wage. The question is, what level and how fast?’ See full story.

These select industrial companies are expected to increase sales in 2021 from pre-pandemic levels

Companies that will benefit the most include FedEx, Ingersoll Rand, Generac and Equifax. See full story.

MARKETWATCH PERSONAL FINANCE

New York City Schools Chancellor Richard Carranza will leave his post in March as education officials work to reopen some public schools that have remained closed for most of the past year because of the Covid-19 pandemic. See full story.