Business and investment news

Here are some recent business and investment news stories:

Market News

• The Dow Jones Industrial Average closed above 30,000 for the first time on Tuesday, driven by optimism over the COVID-19 vaccine rollout and economic recovery. (Source: CNBC)
• The S&P 500 index rose 1.1% to a record high, with technology and healthcare stocks leading the gains. (Source: Reuters)
• The Nasdaq composite index surged 2.1% to a record high, driven by gains in tech and biotech stocks. (Source: Bloomberg)

Economic News

• The US economy added 379,000 jobs in February, exceeding expectations and marking the 10th consecutive month of job growth. (Source: Bureau of Labor Statistics)
• The unemployment rate fell to 6.2%, the lowest level since August 2020. (Source: Bureau of Labor Statistics)
• The Federal Reserve kept interest rates unchanged and signaled that it may not raise rates until 2024. (Source: Federal Reserve)

Company News

• Tesla's stock surged 10% after the company reported a surprise profit in the fourth quarter. (Source: CNBC)
• Amazon's stock fell 2% after the company reported a slower-than-expected increase in revenue. (Source: Reuters)
• Apple's stock rose 2% after the company reported a record-breaking quarter with revenue of $111.4 billion. (Source: Bloomberg)

Investment News

• The yield on the 10-year US Treasury note fell to 1.53%, its lowest level since February 2020. (Source: Bloomberg)
• Gold prices rose 1.2% to $1,744.50 per ounce, driven by concerns over inflation and the pandemic. (Source: Kitco)
• The US dollar index fell 0.4% against a basket of major currencies, driven by weakness in the US economy. (Source: Reuters)

Industry News

• The global airline industry is expected to lose $84 billion in 2021, according to the International Air Transport Association. (Source: IATA)
• The global semiconductor shortage is expected to continue into 2022, with chipmakers struggling to meet demand. (Source: Bloomberg)
• The US oil rig count rose by 10 to 346, the highest level since April 2020. (Source: Baker Hughes)

Regulatory News

• The US Securities and Exchange Commission (SEC) proposed new rules to improve disclosure requirements for companies with significant environmental and social impacts. (Source: SEC)
• The European Union's General Data Protection Regulation (GDPR) came into effect, requiring companies to protect personal data. (Source: EU)
• The US Federal Trade Commission (FTC) filed a lawsuit against Facebook, alleging that the company engaged in anticompetitive behavior. (Source: FTC)