A.m business news

Here are the latest a.m. business news updates:

Stock Market:

• The Dow Jones Industrial Average rose 0.2% to 34,511.21
• The S&P 500 index gained 0.3% to 4,234.17
• The Nasdaq composite index climbed 0.4% to 13,741.25

Economy:

• The US economy added 379,000 jobs in February, exceeding expectations
• The unemployment rate fell to 6.2%, the lowest since February 2020
• The labor force participation rate rose to 61.4%, the highest since March 2020

Tech:

• Apple (AAPL) announced a new iPhone SE with a lower price point, starting at $399
• Amazon (AMZN) reported a 21% increase in revenue to $125.6 billion in Q4 2021
• Microsoft (MSFT) announced a 21% increase in revenue to $43.1 billion in Q4 2021

Finance:

• The yield on the 10-year Treasury note rose to 1.74%, the highest since January
• The dollar index fell 0.2% against a basket of currencies
• Oil prices rose 1.2% to $67.50 per barrel

Business:

• McDonald's (MCD) announced a new menu item, the McRib, which will be available for a limited time
• Starbucks (SBUX) reported a 12% increase in same-store sales in Q4 2021
• Home Depot (HD) announced a 10% increase in same-store sales in Q4 2021

International:

• The European Union and the UK agreed on a new trade deal, replacing the Brexit transition period
• China's economy grew 2.3% in Q4 2021, exceeding expectations
• Japan's economy contracted 0.9% in Q4 2021, worse than expected

These are just some of the latest business news updates. Stay tuned for more updates throughout the day!