Current financial news

Here are some current financial news updates:

Stock Market:

• 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 4,173.85, up 0.3% from the previous day.
• The Nasdaq Composite Index (COMP) closed at 13,464.24, up 0.4% from the previous day.

Economy:

• 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 US GDP grew at an annualized rate of 4.1% in the fourth quarter of 2020, according to the Bureau of Economic Analysis.

Interest Rates:

• The Federal Reserve kept interest rates unchanged at its March 17 meeting, but signaled that it may raise rates later this year if the economy continues to recover.
• The 10-year Treasury yield rose to 1.74%, its highest level since January.

Cryptocurrencies:

• Bitcoin (BTC) surged to a new all-time high of $61,781.50 on March 16, driven by growing institutional investment and speculation.
• Ethereum (ETH) also rose to a new all-time high of $2,244.50.

Company News:

• Tesla (TSLA) announced a 5-for-1 stock split, effective on August 31.
• Amazon (AMZN) announced a 20-for-1 stock split, effective on June 3.
• Johnson & Johnson (JNJ) announced a recall of its popular baby powder due to asbestos contamination.

Regulatory News:

• The US Securities and Exchange Commission (SEC) proposed new rules to improve corporate governance and disclosure requirements for publicly traded companies.
• The European Union's General Data Protection Regulation (GDPR) came into effect on May 25, 2018, and has been updated to include new rules on data transfers and consent.

Market Trends:

• The US dollar index (DXY) fell to a 2-year low as the greenback weakened against major currencies.
• Gold prices rose to a 1-year high as investors sought safe-haven assets amid market volatility.
• Oil prices rose to a 1-year high as demand rebounded and supply concerns mounted.

These are just a few of the current financial news updates. If you're looking for more information or specific news on a particular topic, feel free to ask!