What’s News in Markets: Fed Chair, Layoffs, Meme Stock

What could the new nominee for Federal Reserve chair mean for markets? And is corporate cost-cutting good or bad news for investors? Plus, which meme stock is trying to turn its fortunes around? Host Krystal Hur discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices