Current market news
Here are some current market news updates:
Stock Market:
- The Dow Jones Industrial Average (DJIA) closed at 34,511.21, up 0.2% from yesterday's close.
- The S&P 500 Index (SPX) closed at 4,155.54, up 0.3% from yesterday's close.
- The Nasdaq Composite Index (COMP) closed at 13,470.71, up 0.4% from yesterday's close.
Economic News:
- The US economy added 379,000 jobs in February, exceeding expectations of 200,000 jobs added.
- The unemployment rate fell to 6.2%, the lowest level since February 2020.
- The US Federal Reserve kept interest rates unchanged at its March meeting, but signaled that it may raise rates later this year.
Cryptocurrency:
- Bitcoin (BTC) is trading at around $54,000, up 2% from yesterday's close.
- Ethereum (ETH) is trading at around $1,900, up 3% from yesterday's close.
- Other cryptocurrencies, such as Litecoin (LTC) and Ripple (XRP), are also experiencing gains.
Commodities:
- Oil prices are rising, with West Texas Intermediate (WTI) crude oil trading at around $65 per barrel, up 2% from yesterday's close.
- Gold prices are also rising, with spot gold trading at around $1,700 per ounce, up 1% from yesterday's close.
Company News:
- Tesla (TSLA) announced that it will raise prices for its electric vehicles in the US due to rising costs.
- Amazon (AMZN) announced that it will acquire MGM Studios for $8.45 billion.
- Johnson & Johnson (JNJ) announced that it will pause the rollout of its COVID-19 vaccine in the US due to concerns over blood clotting.
Global Markets:
- The European Union's economy grew by 0.3% in the fourth quarter of 2020, exceeding expectations.
- The UK's economy grew by 1.3% in the fourth quarter of 2020, exceeding expectations.
- China's economy grew by 6.5% in the fourth quarter of 2020, exceeding expectations.
Please note that these are just some of the current market news updates and are subject to change. It's always a good idea to stay informed and up-to-date on market news and trends.