Market news today
Here are some of the top market news stories from today:
Stock Market:
- The Dow Jones Industrial Average fell 0.2% to 34,033.59, while the S&P 500 slipped 0.1% to 4,144.44.
- The Nasdaq Composite rose 0.2% to 13,741.51.
- The yield on the 10-year Treasury note fell to 1.53%, its lowest level since February.
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%, its lowest level since February 2020.
- The labor force participation rate rose to 61.5%, its highest level since March 2020.
Tech:
- Apple (AAPL) fell 2.1% after reporting a decline in iPhone sales and a surprise drop in revenue.
- Amazon (AMZN) rose 1.4% after announcing a 21% increase in revenue and a 15% increase in operating income.
- Microsoft (MSFT) fell 1.1% after reporting a decline in revenue and a surprise drop in operating income.
Cryptocurrency:
- Bitcoin (BTC) fell 2.5% to $52,600, its lowest level since February 24.
- Ethereum (ETH) fell 3.1% to $1,840.
- The total cryptocurrency market capitalization fell to $2.3 trillion, its lowest level since February 24.
Commodities:
- Oil prices fell 1.4% to $63.50 per barrel, their lowest level since February 24.
- Gold prices rose 0.4% to $1,670 per ounce.
- Copper prices fell 1.1% to $3.45 per pound.
Other News:
- The Federal Reserve announced that it will keep interest rates unchanged and continue to purchase bonds to support the economy.
- The European Union and the United Kingdom reached a deal on trade and security cooperation, ending a years-long stalemate.
- The US and China announced a deal to increase cooperation on climate change and clean energy.
These are just some of the top market news stories from today. If you'd like to know more or have specific questions, feel free to ask!