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Today in the markets

The latest news and events driving markets around the world, supplied by Marketwatch and Reuters.

Please remember that the ideas and conclusions in this section do not necessarily reflect the views of Fidelity’s portfolio managers or analysts. They are for general interest only and should not be taken as investment advice or as an invitation to purchase or sell any specific security.

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Three held as $1.8 billion fraud ripples through Indian banks

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Exclusive: Indian banks may take more than $3 billion hit from PNB fraud - tax department

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Stock volatility: back with a bang and here to stay

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Exclusive: GE exploring industrial gas engine business sale - sources

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Huntington Ingalls wins $1.43 billion U.S. defense contract: Pentagon

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FTSE 100 marks best week since 2016, as global stocks rebound

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British retail sales slow more than expected in January. U.K. stocks leapt Friday, closing with their best weekly performance in 14 months as London's blue-chip index followed the recovery effort for battered U.S. equities. FTSE stocks held on to gains after the U.K. government reported a larger-than-expected slowdown in retail-sales growth last month.


European stocks post best week since 2016 as global appetite for risk ramps up

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EDF shares climb; euro slips below $1.25 but rises for the week. European stocks finished Friday's session in rally mode, posting their biggest weekly win in more than a year alongside on ongoing recovery in equities on Wall Street. The Stoxx Europe 600 index leapt 1.1% to close at 380.62, its third straight gain.


Watch Ellen DeGeneres explain bitcoin in two minutes

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DeGeneres on bitcoin:' Personally I'd rather own a baby goat'. Ellen DeGeneres is the latest celebrity to weigh in on bitcoinmania, but it doesn't look like she'll be buying in anytime soon. DeGeneres gamely took a stab at explaining bitcoin on a segment of her NBC talk show, which aired Thursday afternoon.


Nikkei rises as Kuroda renominated to lead Bank of Japan

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Most Asian markets closed for Lunar New Year holiday. Stocks in Japan and New Zealand gained Friday, while a number of major markets were closed for the Lunar New Year holiday, as investors regained confidence in equities after sharp slides last week. Taking cues from another robust session on Wall Street overnight, Japan's Nikkei Stock Exchange led gains in Asia, closing up 1.2%, despite a stronger yen.