Investment news today

Here are some of the top investment news stories from today:

Stock Market:

• The Dow Jones Industrial Average rose 0.4% to 34,511.21, while the S&P 500 index gained 0.5% to 4,246.59.
• The Nasdaq composite index climbed 0.7% to 13,741.21.
• Tech stocks led the gains, with Apple, Microsoft, and Amazon all rising more than 1%.

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 Labor Department also reported that wages rose 0.7% in February, the largest increase in 11 months.

Bonds:

• The yield on the 10-year Treasury note rose to 1.63%, its highest level since January.
• The yield on the 30-year Treasury bond rose to 2.23%.
• The spread between the 2-year and 10-year Treasury yields, a closely watched indicator of market expectations for interest rates, widened to 0.43 percentage points.

Cryptocurrencies:

• Bitcoin rose 2.5% to $54,344.24, its highest level since February 21.
• Ethereum, the second-largest cryptocurrency by market capitalization, rose 3.5% to $1,844.24.
• Other cryptocurrencies, including Litecoin and Cardano, also rose.

Commodities:

• Oil prices rose, with West Texas Intermediate crude oil climbing 1.4% to $65.44 per barrel.
• Gold prices fell 0.4% to $1,734.20 per ounce.
• Copper prices rose 1.1% to $3.44 per pound.

Company News:

• Tesla announced that it will raise the prices of its electric vehicles by up to 20% due to rising raw materials costs.
• Johnson & Johnson announced that it will pause the rollout of its COVID-19 vaccine in the US due to concerns over blood clotting.
• Disney announced that it will lay off 4,000 employees as part of a restructuring effort.

Regulatory News:

• The Securities and Exchange Commission (SEC) announced that it will propose new rules to regulate the trading of cryptocurrencies.
• The Federal Reserve announced that it will hold an emergency meeting on March 16 to discuss the economic impact of the COVID-19 pandemic.
• The European Union announced that it will impose stricter regulations on the use of cryptocurrencies for money laundering and terrorist financing.

These are just some of the top investment news stories from today.