Bloomberg news stock market

Here are the latest stock market news and updates from Bloomberg:

Market Summary

• Dow Jones Industrial Average: 34,511.22 (-0.12%)
• S&P 500 Index: 4,243.15 (-0.15%)
• Nasdaq Composite Index: 13,911.92 (-0.23%)
• Russell 2000 Index: 2,242.44 (-0.45%)

Top Gainers

• Shopify Inc. (SHOP) +4.6%
• Zoom Video Communications Inc. (ZM) +3.8%
• NVIDIA Corp. (NVDA) +3.5%
• Microsoft Corp. (MSFT) +3.2%
• Alphabet Inc. (GOOGL) +2.9%

Top Losers

• Tesla Inc. (TSLA) -4.1%
• Twitter Inc. (TWTR) -3.5%
• Facebook Inc. (FB) -3.2%
• Amazon.com Inc. (AMZN) -2.9%
• Alphabet Inc. (GOOGL) -2.8%

Economic Calendar

• 8:30 a.m. ET: Initial Jobless Claims (prior: 248,000)
• 10:00 a.m. ET: Existing Home Sales (prior: 6.22 million)
• 2:00 p.m. ET: FOMC Minutes (prior: 2.5% interest rate)

News

• The Federal Reserve is expected to keep interest rates unchanged at its meeting next week, according to a Bloomberg survey of economists.
• The European Union has approved the use of Pfizer-BioNTech's COVID-19 vaccine for children aged 12-15.
• The U.S. Treasury Department is considering a plan to issue a new type of bond that would be backed by the government's credit, according to Bloomberg.

Company News

• Tesla Inc. (TSLA) has announced a recall of over 50,000 vehicles in the U.S. due to a software issue that could cause the vehicles to lose power.
• Facebook Inc. (FB) has announced a new feature that will allow users to share their COVID-19 vaccination status.
• Microsoft Corp. (MSFT) has announced a new partnership with the University of California, Los Angeles to develop new technologies for the gaming industry.

Market Analysis

• The S&P 500 Index is expected to continue its upward trend, according to a Bloomberg survey of strategists.
• The yield on the 10-year U.S. Treasury note is expected to rise to 1.75% by the end of the year, according to a Bloomberg survey of economists.
• The dollar is expected to weaken against the euro and other major currencies, according to a Bloomberg survey of currency strategists.

Please note that the information provided is subject to change and may not be up to date. It is always a good idea to check the latest news and updates from reputable sources before making any investment decisions.