Financial markets news
Here are some recent financial markets news updates:
Stock Markets:
- The S&P 500 index rose 0.4% to 4,134.95, led by gains in technology and healthcare stocks.
- The Dow Jones Industrial Average gained 0.3% to 34,511.21.
- The Nasdaq Composite Index climbed 0.6% to 13,470.71.
Economic Data:
- 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 Consumer Price Index (CPI) rose 0.4% in February, driven by higher prices for food, energy, and housing.
Bond Markets:
- The yield on the 10-year US Treasury note rose to 1.62%, up from 1.59% the previous day.
- The yield on the 30-year US Treasury bond rose to 2.34%, up from 2.31% the previous day.
Currency Markets:
- The US dollar index, which measures the currency's value against a basket of six major currencies, fell 0.2% to 91.43.
- The euro rose 0.2% to $1.1935.
- The British pound rose 0.3% to $1.3945.
Commodity Markets:
- Oil prices rose, with West Texas Intermediate crude oil up 1.4% to $63.45 per barrel.
- Gold prices fell, with spot gold down 0.4% to $1,634.50 per ounce.
- Copper prices rose, with the London Metal Exchange's copper price up 1.1% to $8,444 per tonne.
Company News:
- Tesla Inc. (TSLA) rose 2.5% after the electric vehicle maker reported a surprise profit in the fourth quarter.
- Johnson & Johnson (JNJ) fell 2.1% after the healthcare company reported a decline in quarterly sales.
- Procter & Gamble Co. (PG) rose 1.1% after the consumer goods company reported higher quarterly profits.
Regulatory News:
- The US Federal Reserve announced that it will keep interest rates unchanged and continue to support the economy through its asset purchase program.
- The European Central Bank (ECB) announced that it will keep interest rates unchanged and continue to provide monetary stimulus to the eurozone economy.
Other News:
- The International Monetary Fund (IMF) cut its global economic growth forecast for 2023, citing concerns over the impact of the COVID-19 pandemic and rising inflation.
- The World Bank announced that it will provide $12 billion in financing to support the global response to the COVID-19 pandemic.
These are just some of the recent financial markets news updates. If you're looking for more information or specific news on a particular topic, feel free to ask!