Business news for stock market

Here are some recent business news stories that may impact the stock market:

Economic News

  1. US GDP Growth Slows Down: The US economy grew at an annual rate of 2.1% in the second quarter, down from 3.1% in the first quarter. This slowdown is attributed to a decline in consumer spending and a decrease in business investment. (Source: Bureau of Economic Analysis)
  2. Inflation Remains Low: The US inflation rate remained low in July, with the Consumer Price Index (CPI) increasing by 1.7% year-over-year. This low inflation rate may lead to further interest rate cuts by the Federal Reserve. (Source: Bureau of Labor Statistics)
  3. Job Market Remains Strong: The US job market continued to show strength in July, with the unemployment rate falling to 3.7% and nonfarm payrolls increasing by 164,000. (Source: Bureau of Labor Statistics)

Company News

  1. Amazon Acquires Eero: Amazon has acquired Eero, a company that makes Wi-Fi routers, for $97 million. This acquisition is seen as a move to expand Amazon's presence in the smart home market. (Source: The Wall Street Journal)
  2. Facebook's Libra Cryptocurrency: Facebook has announced plans to launch a new cryptocurrency called Libra, which is expected to be launched in 2020. The cryptocurrency will be backed by a basket of currencies and will be available to users in the US and other countries. (Source: The New York Times)
  3. Tesla's Profit Warning: Tesla has warned that it may not be profitable in the third quarter due to production delays and higher-than-expected costs. This warning has led to a decline in the company's stock price. (Source: CNBC)

Industry News

  1. Trade Tensions Ease: The US and China have reached a trade agreement, which will see the US reduce tariffs on Chinese goods and China increase its purchases of US agricultural products. This agreement has led to a decline in trade tensions and a rise in stock prices. (Source: The Wall Street Journal)
  2. Oil Prices Rise: Oil prices have risen due to a decline in global oil inventories and a decrease in production from OPEC countries. This rise in oil prices has led to a decline in airline stocks and a rise in energy stocks. (Source: Bloomberg)
  3. Tech Stocks Rise: Tech stocks have risen due to a decline in trade tensions and a rise in investor confidence. The Nasdaq composite index has risen by 2.5% in the past week, led by gains in stocks such as Amazon, Microsoft, and Alphabet. (Source: CNBC)

Market News

  1. Stock Market Rally: The stock market has rallied in recent weeks, with the S&P 500 index rising by 3.5% in the past month. This rally has been driven by a decline in trade tensions and a rise in investor confidence. (Source: Yahoo Finance)
  2. Bond Yields Fall: Bond yields have fallen due to a decline in inflation expectations and a rise in investor demand for safe-haven assets. The yield on the 10-year US Treasury note has fallen to 1.75%. (Source: Bloomberg)
  3. Currency Markets: The US dollar has fallen against other major currencies, such as the euro and the yen, due to a decline in interest rates and a rise in investor demand for riskier assets. (Source: Reuters)

These are just a few of the recent business news stories that may impact the stock market. It's always a good idea to stay informed about market news and trends to make informed investment decisions.