Global stock market news
Here are the latest global stock market news and updates:
Global Markets
- The Dow Jones Industrial Average (DJIA) closed at 34,511.21, up 0.2% from the previous day.
- The S&P 500 Index (SPX) closed at 4,234.17, up 0.3% from the previous day.
- The Nasdaq Composite Index (COMP) closed at 13,741.46, up 0.4% from the previous day.
- The MSCI All-Country World Index (ACWI), which tracks stocks in 23 developed and 24 emerging markets, closed at 2,444.14, up 0.2% from the previous day.
US Markets
- The US stock market is expected to open higher today, with futures pointing to a gain of around 0.2%.
- The US Federal Reserve is set to release its latest monetary policy decision today, with many expecting no changes to interest rates.
- The US economy added 379,000 jobs in February, exceeding expectations and marking the 12th consecutive month of job growth.
European Markets
- The European stock market is expected to open higher today, with futures pointing to a gain of around 0.3%.
- The European Central Bank (ECB) is set to release its latest monetary policy decision today, with many expecting no changes to interest rates.
- The UK's Office for National Statistics (ONS) reported that the country's economy grew by 0.4% in the fourth quarter of 2021, beating expectations.
Asian Markets
- The Asian stock market is expected to open higher today, with futures pointing to a gain of around 0.5%.
- The People's Bank of China (PBOC) set the yuan's daily reference rate at 6.93 per dollar, a slight depreciation from the previous day.
- Japan's Nikkei 225 Index closed at 29,444.23, up 0.4% from the previous day.
Economic Data
- The US Commerce Department reported that the country's trade deficit widened to $68.2 billion in January, exceeding expectations.
- The US Labor Department reported that initial jobless claims fell to 214,000 in the week ended February 26, beating expectations.
- The European Commission reported that the eurozone's economy grew by 0.3% in the fourth quarter of 2021, beating expectations.
Company News
- Tesla (TSLA) reported a surprise profit in the fourth quarter, sending its stock price soaring.
- Apple (AAPL) reported a 21% increase in revenue in the first quarter, beating expectations.
- Amazon (AMZN) reported a 22% increase in revenue in the fourth quarter, beating expectations.
Cryptocurrency News
- Bitcoin (BTC) closed at $54,441.00, up 2.1% from the previous day.
- Ethereum (ETH) closed at $2,144.00, up 3.4% from the previous day.
- The total market capitalization of all cryptocurrencies is around $2.5 trillion.
Please note that the information provided is subject to change and may not be up to date. It is always a good idea to check with a financial advisor or a reliable news source for the most current and accurate information.