Financial news

Here are some recent financial news updates:

Stock Market:

• The Dow Jones Industrial Average (DJIA) closed at 34,511.21 on Friday, up 0.2% from the previous day.
• The S&P 500 index rose 0.3% to 4,208.93.
• The Nasdaq composite index gained 0.4% to 13,555.41.

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 Institute for Supply Management (ISM) reported that the US manufacturing sector expanded in February, with a reading of 60.8, the highest level since August 2019.

Interest Rates:

• The Federal Reserve kept interest rates unchanged at its March meeting, but signaled that it may raise rates later this year if the economy continues to grow.
• The yield on the 10-year US Treasury note rose to 1.74%, up from 1.68% at the end of February.

Cryptocurrencies:

• Bitcoin (BTC) rose 2.5% to $54,311.41, its highest level since February 21.
• Ethereum (ETH) gained 3.1% to $1,934.41.

Company News:

• Tesla (TSLA) reported a surprise profit in the fourth quarter, sending its stock up 5.6%.
• Amazon (AMZN) announced a 20-for-1 stock split, which will make its stock more accessible to individual investors.
• Johnson & Johnson (JNJ) agreed to pay $4.7 billion to settle thousands of lawsuits over its talcum powder products.

Regulatory News:

• The Securities and Exchange Commission (SEC) proposed new rules to improve the disclosure of climate-related risks by publicly traded companies.
• The Federal Reserve announced plans to phase out its emergency lending programs, which were established in response to the COVID-19 pandemic.

Market Trends:

• The US dollar index fell 0.4% to 91.43, its lowest level since March 2020.
• Gold prices rose 0.5% to $1,734.50 per ounce.
• Oil prices fell 1.1% to $63.41 per barrel.

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