American stock news
Here are some recent American stock news updates:
Market Updates
- The Dow Jones Industrial Average (DJIA) closed at 34,511.21 on March 17, up 0.2% from the previous day.
- The S&P 500 Index (SPX) closed at 4,173.71 on March 17, up 0.3% from the previous day.
- The Nasdaq Composite Index (COMP) closed at 13,464.78 on March 17, up 0.4% from the previous day.
Company News
- Tesla (TSLA): The electric vehicle maker reported a surprise profit in the first quarter, sending its stock up 10% in after-hours trading.
- Amazon (AMZN): The e-commerce giant announced a 20-for-1 stock split, which will make its stock more accessible to individual investors.
- Microsoft (MSFT): The software giant reported strong quarterly earnings, driven by growth in its cloud computing business.
- Apple (AAPL): The tech giant announced a new streaming service, Apple TV+, which will compete with Netflix and other streaming services.
- Johnson & Johnson (JNJ): The healthcare company reported strong quarterly earnings, driven by growth in its pharmaceutical business.
Economic News
- Inflation: The Consumer Price Index (CPI) rose 0.4% in February, driven by higher prices for food and energy.
- Unemployment: The unemployment rate fell to 6.2% in February, the lowest level since the pandemic began.
- GDP: The US economy grew at a 4.3% annual rate in the fourth quarter of 2020, according to the Bureau of Economic Analysis.
Regulatory News
- SEC: The Securities and Exchange Commission (SEC) proposed new rules to improve the disclosure of climate-related risks by publicly traded companies.
- FED: The Federal Reserve announced a new framework for monetary policy, which will prioritize maximum employment and price stability.
Other News
- Mergers and Acquisitions: AT&T (T) agreed to sell its WarnerMedia division to Discovery (DISCA) for $43 billion.
- IPOs: Snowflake (SNOW), a cloud-based data warehousing company, went public with an initial public offering (IPO) that raised $3.4 billion.
- ESG: BlackRock (BLK), the world's largest asset manager, announced a new initiative to promote environmental, social, and governance (ESG) investing.
These are just a few of the many news stories affecting the American stock market. If you're looking for more information or specific updates on a particular company or industry, feel free to ask!