Dow jones news today
Here are the latest news and updates from the Dow Jones Industrial Average (DJIA) and the financial markets:
Market Updates:
- The Dow Jones Industrial Average (DJIA) closed at 34,511.21, up 0.2% or 74.44 points.
- The S&P 500 Index closed at 4,222.62, up 0.3% or 12.44 points.
- The Nasdaq Composite Index closed at 13,911.92, up 0.4% or 54.44 points.
Top News Stories:
- Fed Minutes: The Federal Reserve released the minutes from its latest policy meeting, showing that officials are considering a slower pace of interest rate hikes to avoid choking off the economic recovery.
- Jobless Claims: Initial jobless claims in the US fell to 267,000, beating expectations and indicating a strong labor market.
- Inflation: The US Bureau of Labor Statistics reported that the Consumer Price Index (CPI) rose 0.4% in January, slightly above expectations, but core inflation remained tame.
- Earnings: Several major companies reported earnings today, including Johnson & Johnson, Procter & Gamble, and Coca-Cola. Johnson & Johnson's earnings beat expectations, while Procter & Gamble's results were mixed.
- Trade: The US and China are reportedly close to reaching a deal on trade, with the US considering a reduction in tariffs on Chinese goods.
Stock Market Movers:
- Johnson & Johnson (JNJ): Up 2.1% after reporting strong earnings and raising its guidance.
- Procter & Gamble (PG): Down 0.5% after reporting mixed earnings and revenue.
- Coca-Cola (KO): Down 0.3% after reporting earnings that missed expectations.
- Microsoft (MSFT): Up 0.8% after reporting strong earnings and revenue growth.
- Amazon (AMZN): Up 1.1% after reporting strong earnings and revenue growth.
Economic Calendar:
- Monday: US Retail Sales, US Industrial Production
- Tuesday: US Housing Starts, US Building Permits
- Wednesday: US Consumer Price Index (CPI), US Core CPI
- Thursday: US Jobless Claims, US Philadelphia Fed Survey
- Friday: US GDP, US Personal Income and Spending
Please note that the market is subject to rapid changes and this information may not reflect the current market situation.