Current us market news

Here are some current US market news updates:

Stock Market:

• The S&P 500 index closed at 4,134.19 on Friday, up 0.2% from the previous day.
• The Dow Jones Industrial Average closed at 34,511.21, up 0.3% from the previous day.
• The Nasdaq Composite closed at 13,970.93, up 0.4% from the previous day.

Economic News:

• The US economy added 379,000 jobs in February, exceeding expectations and marking the 12th consecutive month of job growth.
• The unemployment rate fell to 6.2%, the lowest level since February 2020.
• The US trade deficit widened to $68.2 billion in January, the largest deficit since October 2008.

Company News:

• Tesla (TSLA) announced a 50% increase in its vehicle production capacity, citing strong demand for its electric vehicles.
• Amazon (AMZN) announced a 20% increase in its minimum wage for US employees, effective March 1.
• Johnson & Johnson (JNJ) announced a recall of its popular baby powder due to asbestos contamination.

Market Trends:

• The US dollar index fell 0.4% against a basket of major currencies, as investors sought safer assets amid concerns over the spread of COVID-19.
• Gold prices rose 0.5% to $1,684.50 per ounce, as investors sought safe-haven assets.
• Oil prices fell 1.2% to $63.50 per barrel, as concerns over the spread of COVID-19 and a potential supply glut weighed on prices.

Regulatory News:

• The Federal Reserve announced that it will keep interest rates unchanged, citing the need to support the economy amid the ongoing pandemic.
• The Securities and Exchange Commission (SEC) announced a settlement with a former Wells Fargo (WFC) executive over allegations of insider trading.

Other News:

• The US Senate passed a $1.9 trillion COVID-19 relief package, which includes stimulus checks, unemployment benefits, and funding for vaccines and testing.
• The US House of Representatives passed a bill to increase the minimum wage to $15 per hour, which is expected to be vetoed by President Biden.

Please note that this is not an exhaustive list of current US market news, and there may be other important developments that are not included here.