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The stocks making the biggest moves in premarket trading include Gilead Sciences, Starbucks, BP, Coty, and more.

Azar also denied that states reopening prematurely was tied to the spike in coronavirus cases and instead blamed "inappropriate individual behavior" that has spread the virus.

There are still no drugs approved by the U.S. Food and Drug Administration to treat Covid-19.

Small caps, emerging market stocks and banks could make for an interesting long-term trade from this point on, says John Davi of Astoria Portfolio Advisors.

"COVID-19 is still circulating in California, and in some parts of the state, growing stronger," Newsom said in a written statement.

Social media app Parler exploded this week, as Republican politicians flocked to the app and told their Twitter followers to join them.

Starbucks is the latest company said it will pause advertising on "all social media platforms" and promises to have discussions internally and with media partners and civil rights organizations to stop the spread of hate speech.

Mask wearing has become a point of contention across the U.S., despite research showing that face coverings prevent coronavirus transmission.

Coronavirus cases have been rising by the thousands in Florida in recent days, along with a surge in many other states, particularly in the South and West.

There were 45,255 additional Covid-19 cases reported across the nation on Friday, bringing the total to more than 2.46 million cases, according to Johns Hopkins University data.

Trump said the supporters shown in the video were "great people."

The surge in single-use plastic is a major blow to the fight against plastic pollution, which is projected to increase by 40% in the next decade.

As the coronavirus continues to spread across the U.S., causing dramatic spikes in the number of new cases in states that have reopened, the older population may have to brace themselves for another round of health risks.

Spirits giant Diageo said Saturday it will be pausing paid advertising globally on "major social media platforms" beginning in July.

Four people who were in contact with the student have since tested positive for the coronavirus since the drive-in ceremony was held on June 20.

Vice President Pence's campaign events in Arizona and Florida this week were cancelled as both states report a spike in coronavirus cases.

Mary Trump's book, "Too Much and Never Enough: How My Family Created the World's Most Dangerous Man," is scheduled to be published in July. It is heavily critical of President Trump.

Facebook is facing a snowball effect of advertisers signing onto the boycott, with big names Verizon and Unilever signing on late this week.

Coca-Cola on Friday announced it will be pausing advertising on all social media.

Ford unveiled its new F-150 pickup Thursday night with surprising new features, like an integrated generator and hidden bottle openers for worksites and tailgate parties.