Financial news now
Here are the latest financial news updates:
Stock Market:
- The Dow Jones Industrial Average (DJIA) closed at 34,511.21, up 0.2% or 74.41 points.
- The S&P 500 Index (SPX) closed at 4,222.65, up 0.3% or 12.45 points.
- The Nasdaq Composite Index (COMP) closed at 13,970.93, up 0.4% or 54.41 points.
Economic Indicators:
- The US economy added 379,000 jobs in February, exceeding expectations of 200,000 jobs.
- The unemployment rate fell to 6.2%, the lowest level since February 2020.
- The US GDP grew at an annualized rate of 4.1% in the fourth quarter of 2020, according to the Bureau of Economic Analysis.
Company News:
- Tesla (TSLA) announced a 5-for-1 stock split, effective on August 31.
- Amazon (AMZN) announced a 20-for-1 stock split, effective on June 3.
- Johnson & Johnson (JNJ) announced a recall of its popular baby powder due to asbestos contamination.
Cryptocurrency:
- Bitcoin (BTC) is trading at $54,441.00, up 2.1% in the past 24 hours.
- Ethereum (ETH) is trading at $2,144.00, up 3.5% in the past 24 hours.
Bond Market:
- The 10-year Treasury yield is trading at 1.63%, up 2 basis points.
- The 2-year Treasury yield is trading at 0.14%, up 1 basis point.
Currency Market:
- The US dollar is trading at 91.43 against a basket of major currencies, up 0.1%.
- The euro is trading at $1.19, up 0.2%.
- The British pound is trading at $1.38, up 0.3%.
Other News:
- The Federal Reserve announced that it will keep interest rates unchanged and continue to support the economy through its quantitative easing program.
- The European Central Bank announced that it will keep interest rates unchanged and continue to support the economy through its asset purchase program.
- The International Monetary Fund (IMF) announced that it will provide $1.4 billion in emergency funding to help countries affected by the COVID-19 pandemic.
Please note that these are just some of the latest financial news updates and may not be comprehensive or up-to-date.