Markets

• Jim Cramer says don’t trade Apple and Nvidia as money rotates into overlooked stocks ahead of earnings season - Jim Cramer says a broad market rally is underway, with money rotating out of Apple and Nvidia and into overlooked stocks ahead of earnings season.
• U.S. payrolls rose 50,000 in December, less than expected; unemployment rate at 4.4% - Nonfarm payrolls were expected to rise by 73,000 in December as the unemployment rate moved lower to 4.5%.
• Trump to meet with oil executives at White House. What we know about U.S. plans for Venezuela - The oil industry has been mostly silent on Venezuela as the security situation and stability of the government in Caracas is far from clear.
• Trump says he’s cancelled second wave of attacks on Venezuela - He added that at least $100 billion will be invested in Venezuela by U.S. oil giants.
• Rio Tinto and Glencore restart talks over mega-merger that would create the world's largest mining firm - If completed, the deal would see the formation of the world’s biggest mining company.
• Hopes rise for Chinese property support ahead of key March meeting - China may be reassessing its approach to the property sector after a flagship party journal urged more forceful measures.
• Hanwha Aerospace soars 11%, leading Asian defense stocks rally - Asia-Pacific markets traded mixed Friday as investors parsed China's inflation data.
• China inflation hits near three-year high in December as full-year CPI misses target - China's consumer inflation accelerated in December to the fastest pace in more than two years, while factory-gate deflation extended for over three years.
• Trump instructs 'representatives' to buy $200 billion in mortgage bonds, aiming to lower rates - President Donald Trump said he is "instructing my Representatives" to buy $200 billion in mortgage bonds.
• Why Trump is going after institutional homebuyers: They dominate markets like Atlanta, Jacksonville - Trump's message may be aimed at places like Atlanta and Jacksonville, metropolitan areas where investor ownership is more visible than elsewhere.