Cowen & Co. analyst Steve Scala initiates coverage on EQRx (NASDAQ:EQRX) with a Outperform rating.
S&P 500 Surges Over 2%, Market Volatility Declines
The S&P 500 closed higher on Friday following the release of December payrolls data.
US nonfarm payrolls increased by 223,000 jobs for December, according to the recent Labor Department data. Average earnings increased 0.3% during the month, down from the previous month's 0.4% growth.