It helped propel the S and P 500 the NASDAQ to record highs Friday.

The two indexes posted their biggest weekly gained since early November.

The weaker than expected jobs report for January highlighted the need form or government aid to shore up the economy.

President Joe Biden's drive to deliver that aid in the form of a $1.9 trillion relief bill gained momentum Friday after the House of Representatives approved a budget plan that would allow the legislation to pass without Republican support.

Sanders, Morris, Harris, CEO George Ball.

The stimulus is surely on the brink of being delivered, and in a large number, whether a compromise compromise number or a consensus number.

It's going to be a large, immediate impact and people are going to read that is a near term bull signal and they're reading that correctly.

The NASDAQ closed a half percent higher Friday.

The S and P 500 rose 0.4% the Dow attacked on 0.3%.

Johnson and Johnson helped lift the blue chip index.

The drugmaker said It asked U.

S.

regulators to approve its co vid 19 vaccine for emergency use.

Shares of Gamestop ended 19% higher after online broker Robin Hood lifted all buying curbs it imposed at the height of the trading frenzy over social media driven stocks.

Strong demand for call of duty from gamers staying at home drove Activision Blizzard's full year adjusted revenue above Wall Street's targets.

The game developer shares shot up almost 10%.