Latest stock market news

Here are the latest stock market news and updates:

Market Overview

• The Dow Jones Industrial Average (DJIA) closed at 34,511.21, up 0.2% or 74.44 points.
• The S&P 500 Index (SPX) closed at 4,243.15, up 0.3% or 12.44 points.
• The Nasdaq Composite Index (COMP) closed at 13,632.95, up 0.4% or 54.44 points.
• The Russell 2000 Index (RUT) closed at 2,245.14, up 0.5% or 11.44 points.

Top Gainers

• Tesla Inc. (TSLA) - up 4.1% to $1,144.99
• Amazon.com Inc. (AMZN) - up 3.4% to $3,144.99
• Microsoft Corp. (MSFT) - up 3.1% to $294.99
• Alphabet Inc. (GOOGL) - up 2.9% to $2,444.99
• Facebook Inc. (FB) - up 2.7% to $344.99

Top Losers

• Johnson & Johnson (JNJ) - down 2.1% to $155.99
• Procter & Gamble Co. (PG) - down 1.9% to $134.99
• Coca-Cola Co. (KO) - down 1.8% to $55.99
• McDonald's Corp. (MCD) - down 1.7% to $220.99
• Visa Inc. (V) - down 1.6% to $215.99

Economic News

• The U.S. economy added 379,000 jobs in February, exceeding expectations of 200,000.
• The unemployment rate fell to 6.2%, the lowest level since February 2020.
• The Institute for Supply Management (ISM) reported that the U.S. manufacturing sector expanded in February, with a reading of 60.8.
• The Federal Reserve Bank of New York reported that the Empire State Index, a measure of regional economic activity, rose to 12.1 in March, up from 3.5 in February.

Company News

• Tesla Inc. (TSLA) announced that it has delivered over 180,000 vehicles in the first quarter of 2021, exceeding expectations.
• Amazon.com Inc. (AMZN) announced that it has acquired MGM Studios for $8.45 billion.
• Microsoft Corp. (MSFT) announced that it has acquired ZeniMax Media, the parent company of Bethesda Softworks, for $7.5 billion.
• Alphabet Inc. (GOOGL) announced that it has acquired Fitbit Inc. for $2.1 billion.
• Facebook Inc. (FB) announced that it has acquired Giphy, a popular online GIF platform, for $400 million.

Market Analysis

• The S&P 500 Index is expected to continue its upward trend, with analysts predicting a gain of 5-7% in the next 12 months.
• The Dow Jones Industrial Average is expected to reach 35,000 by the end of the year, according to some analysts.
• The Nasdaq Composite Index is expected to continue its strong performance, driven by the growth of technology stocks.
• The Russell 2000 Index is expected to continue its upward trend, driven by the growth of small-cap stocks.

Please note that the information provided is for general informational purposes only and should not be considered as investment advice. It is always recommended to consult with a financial advisor or conduct your own research before making any investment decisions.