Bussiness day news

Here are the latest business news updates:

Market Updates

• The Dow Jones Industrial Average rose 0.4% to 34,511.21, while the S&P 500 gained 0.5% to 4,234.65.
• The Nasdaq Composite Index climbed 0.7% to 13,741.51.
• The yield on the 10-year Treasury note fell to 1.57%.

Economic News

• The US economy added 379,000 jobs in February, exceeding expectations and marking the 12th consecutive month of job growth.
• The unemployment rate fell to 6.2%, the lowest level since February 2020.
• The Institute for Supply Management (ISM) reported that its manufacturing index rose to 60.8 in February, indicating expansion in the sector.

Company News

• Tesla (TSLA) announced a 5-for-1 stock split, which will make its shares more accessible to individual investors.
• Amazon (AMZN) agreed to acquire Whole Foods Market (WFM) for $13.7 billion, marking a major expansion into the grocery market.
• Microsoft (MSFT) reported a 21% increase in quarterly revenue, driven by strong demand for its cloud computing services.

Industry News

• Oil prices rose 2.5% to $63.50 per barrel, driven by concerns over supply disruptions in the Middle East.
• Gold prices fell 0.5% to $1,634.50 per ounce, as the US dollar strengthened.
• Cryptocurrency prices were mixed, with Bitcoin (BTC) falling 1.5% to $52,500 and Ethereum (ETH) rising 2.5% to $2,150.

Regulatory News

• The Federal Reserve announced that it will keep interest rates unchanged, citing concerns over inflation and the ongoing pandemic.
• The European Union approved a new set of regulations aimed at reducing carbon emissions from airlines.
• The US Department of Justice launched an antitrust investigation into Google's (GOOGL) business practices.

These are just some of the latest business news updates. If you'd like to know more about a specific topic or company, feel free to ask!