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Wall Street set to follow Europe higher after ECB moves

IN THE NEWS TODAY

U.S. stock futures were swept up in a rally in Europe and Asia. Wall Street was choppy Thursday after the European Central Bank's aggressive stimulus moves. But ECB President Mario Draghi said he didn't anticipate a need for further interest rate cuts. (CNBC)

If U.S. stocks can sustain those futures gains at the close today, it would mark a fourth straight positive week for the market. That's the first time that's happened since early November. (CNBC)

The dollar index was stable this morning, after falling 2.5 percent Thursday in volatile trading after the ECB's easing. The euro Thursday moved to nearly one-month highs against the dollar. (Reuters)

China's central bank today guided the yuan higher against the dollar by the fastest pace this year, leaving some analysts puzzled by the size of the move in the Chinese currency. (CNBC)

Oil prices were higher this morning, following Thursday's nearly 1.2 percent decline on the weaker dollar. But for the week, U.S. crude was on pace for its fourth straight weekly gain.(Reuters)

While oil prices have "recovered remarkably" in recent weeks, this should not "be taken as a definitive sign that the worst is necessarily over," the International Energy Agency warned today. (CNBC)

Ahead of Tuesday's key primaries in Florida and Ohio, the GOP presidential debate last night among Donald Trump, Ted Cruz, Marco Rubio, and John Kasich featured polite disagreements but few outright attacks. (NBC News)

Former Republican presidential candidate Ben Carson is expected to endorse Trump for the GOP nomination today. Trump mentioned the pending endorsement at last night's debate. (NBC News)

Negotiations between New Jersey Transit and its rail workers unions are heading into the final days before a weekend strike deadline, and the possibility of havoc on the region's already congested roadways. (AP)

The Justice Department's latest response to Apple (AAPL) in the fight over iPhone encryption called the tech giant's rhetoric in the San Bernardino case "false" and "corrosive." Apple called the DOJ "desperate." (CNBC)

A cyber heist of $101 million has left central bank officials from Bangladesh to New York arguing over what may be one of the largest and most audacious bank raids in history. A typo halted the operation. (FT)

Five years ago today, an earthquake triggered tsunami killed nearly 19,000 people along Japan's Northeast coastline and caused a meltdown at the Fukushima nuclear plant. (CNBC)

Private funeral services and the burial of former First Lady Nancy Reagan will take place today at the Ronald Reagan Presidential Library in Simi Valley in Southern California. (AP)

The Wounded Warrior Project has fired its top two executives after accusations of lavish spending and financial irregularities by the charity, which took in more than $372 million in 2015. (NY Times)

A laundry detergent from actress Jessica Alba's The Honest Company contains an ingredient it had pledged to avoid, according to the Wall Street Journal. The firm refuted the story, calling the Journal's reporting "reckless."

Tesla (TSLA) said it's going to "vigorously defend" against a lawsuit from the Virginia Automobile Dealers Association seeking prevent to keep the electric automaker from opening a second location in the state. (Reuters)

Bridgewater Associates, the world's biggest hedge fund, has hired a former senior Apple executive to be a co-chief executive. Jon Rubinstein had worked closely with the late Steve Jobs for many years. (NY Times)

More than 80,000 rock stars, tech geeks, filmmakers, and onlookers are expected to converge on Austin today for the 10-day gathering that showcases new technologies, from robots to virtual reality. (USA Today)

BY THE NUMBERS

The weekly oil rig count, due out at 1 p.m. ET, could add support to the view that U.S. production continues to decline and help curb oversupply. The only major economic report on the Friday schedule is February import prices. The 8:30 a.m. ET data were expected to show a slight decline.

STOCKS TO WATCH

Bojangles (BOJA) beat estimates by 3 cents with adjusted earnings of 22 cents per share. Revenue also exceeded forecasts, with same-store sales at the fried chicken restaurant chain rising 0.6 percent.

El Pollo Loco (LOCO) reported adjusted earnings of 15 cents per share, 2 cents above estimates. But revenue fell short. And the Mexican-influenced restaurant warned on full-year results.

Ulta Salon (ULTA) earned $1.69 per share in its latest quarter, 15 cents above estimates. Revenue slightly beat projections. The cosmetics firm saw robust same-store sales and forecast strong 2016 profit growth.

Zumiez (ZUMZ) said its sales during the current quarter would decline due to weakness at the sports apparel retailer's existing stores. CEO Rick Brooks said he was "disappointed" with the company's performance.

WATERCOOLER

Starting today, Capital One (COF) customers can manage their money using Alexa, Amazon's virtual assistant answer to Apple's Siri and Microsoft's Cortana. Alexa also recently added calling an Uber. (CNBC)

American Express (AXP) unveiled a plan to generate more revenue from existing customers, getting more merchants to accept its cards and encouraging shoppers to spend more with Amex rather than other cards. (WSJ)