President Donald Trump’s administration urged the Supreme Court on Friday to allow Elon Musk’s Department of Government Efficiency to access Social Security Administration data on hundreds of millions of Americans.

President Donald Trump's administration asked the U.S. Supreme Court on Friday to intervene in its bid to allow the Elon Musk-spearheaded Department of Government Efficiency unfettered access to the U.

An appeals court this week decided that the Department of Government Efficiency did not need access to sensitive Social Security data to carry out its functions.

Wall Street and European stocks rallied and U.S. Treasury yields surged on Friday as investor risk appetite was strengthened by a strong employment report and signs China is open to tariff negotiations.

Global stock markets rose on Friday as jobs data reassured investors on the US economy, as did indications Beijing and Washington may begin to talk about resolving their tariff standoff.