The US markets rallied on Friday as inflation data released boosted investor optimism that consumer prices are nearing a peak, up 0.8% for November and 6.8% for the year which is its highest level since 1982. US-based computer tech giant Oracle surged 15.6% on Friday after posting second quarter results that topped analysts' estimates. A spotlight on BioNTech as the biotech company plunged 9% on Friday after the Centre for Disease Control and Prevention published its Morbidity and Mortality Weekly Report on Friday. Resort giant MGM Resorts is expanding staff training into the virtual world by rolling out virtual reality headsets for customer service roles at its employment centres to form part of staff training for new employees.
VIDEO: Oracle surged 15.6% on Q2 results that topped analysts' estimates.
Video Player is loading.