Facebook shares sink as USA stocks add to records

Liberty Oilfield Services Inc. CEO Chris Wright talks with NYSE Group President Thomas Farley while waiting for the companies IPO on the floor of the New York Stock Exchange shortly after the opening bell in New York

The Standard & Poor's 500 index rose 18.68 points, or 0.7 percent, to 2,786.24.

Shares of Facebook tumbled Friday after it announced an overhaul of its newsfeed, while USA stocks added to records following data showing higher retail sales in December.

The Nasdaq is up 124.50 points, or 1.7 percent. "This quarter may be a little messy because of the tax bill, but there's so much optimism, so much enthusiasm about earnings", says Michael Matousek, head trader at U.S. Global Investors.

Amazon (AMZN.O) rose 2.2 percent to breach $1,300 for the first time.

That helped the Dow Jones U.S. Airlines index up 2.25 percent.

The Dow Jones industrial average rose to an all-time high on Thursday as investors bet economic growth would pick up steam.

FBN--49ers-Foster-Arrest
The arrest is noteworthy in part because Foster failed a drug test at the National Football League draft combine last spring. Foster missed six games with a high ankle sprain and a rib injury.

Nick Saban not interested in coaching the New York Giants
The Alabama offensive coordinator Brian Daboll has a certain way of looking at the throwing accuracy of quarterbacks. Fitzpatrick said he went into the medical tent on the Alabama sideline to go to the bathroom before the play.

Rafa Benitez says Newcastle talking with agents over transfers
We don't have any offers. "But if somebody wants to buy, we'll see if the price is good for us and for the player". Looking ahead to this weekend's crucial fixture against Swansea, Benitez says he is not expecting an easy game.

The Russell 2000 is up 56.46 points, or 3.7 percent. It closed at $1,305.20.

Xerox shares jumped 4.22 percent after the Wall Street Journal reported the copier maker was in deal talks with Japanese camera maker Fujifilm Holdings that could include a change in control of Xerox.

Wall Street surged to fresh highs on Thursday as rising oil prices lifted energy stocks and upbeat forecast from No. 2 US carrier Delta Air Lines drove airline stocks higher.

The Treasury move helped push the utilities sector.SPLRCU down 0.6 percent, making it the weakest performer of the S&P 500's 11 sectors.

The S&P 500 posted 164 new 52-week highs and 12 new lows; the Nasdaq Composite recorded 222 new highs and 14 new lows.

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