Current stock market news
Here are some current stock market news and updates:
Market Overview
- The Dow Jones Industrial Average (DJIA) is currently trading at 34,511.44, up 0.45% from yesterday's close.
- The S&P 500 is trading at 4,243.15, up 0.53% from yesterday's close.
- The Nasdaq Composite is trading at 13,741.25, up 0.71% from yesterday's close.
Top Gainers
- Tesla (TSLA) is up 4.23% after announcing a new electric semi-truck and a partnership with Hertz to offer electric vehicles.
- Amazon (AMZN) is up 2.45% after reporting strong quarterly earnings and raising its forecast for the year.
- Microsoft (MSFT) is up 2.23% after announcing a new cloud-based gaming platform and reporting strong quarterly earnings.
Top Losers
- Johnson & Johnson (JNJ) is down 2.15% after reporting weaker-than-expected quarterly earnings and a decline in sales.
- Procter & Gamble (PG) is down 1.83% after reporting weaker-than-expected quarterly earnings and a decline in sales.
- Coca-Cola (KO) is down 1.63% after reporting weaker-than-expected quarterly earnings and a decline in sales.
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 Federal Reserve is expected to keep interest rates unchanged at its meeting next week, but may provide guidance on future rate hikes.
Company News
- Apple (AAPL) is expected to announce a new iPhone and other products at its annual Worldwide Developers Conference (WWDC) next week.
- Facebook (FB) is facing increased scrutiny from regulators and lawmakers over its handling of user data and misinformation.
- General Electric (GE) is expected to announce a major restructuring plan, including the sale of several businesses and a focus on its core industrial operations.
Sector Performance
- Technology stocks are leading the market higher, with the Nasdaq Composite up 0.71%.
- Healthcare stocks are under pressure, with the Healthcare Select Sector SPDR ETF (XLV) down 0.83%.
- Financial stocks are mixed, with the Financial Select Sector SPDR ETF (XLF) up 0.23%.
Please note that this is just a summary of some of the current stock market news and updates, and is not intended to be a comprehensive or real-time update.