Stock exchange news
Here are some recent stock exchange news and updates:
Market Updates
- The Dow Jones Industrial Average (DJIA) closed at 34,511.21 on Friday, up 0.2% from the previous day.
- The S&P 500 Index (SPX) closed at 4,144.58, up 0.3% from the previous day.
- The Nasdaq Composite Index (COMP) closed at 13,470.71, up 0.4% from the previous day.
Company News
- Tesla (TSLA): The electric vehicle maker reported a surprise profit in the fourth quarter, sending its stock up 10% in after-hours trading.
- Amazon (AMZN): The e-commerce giant announced a 20-for-1 stock split, which will make its stock more accessible to individual investors.
- Microsoft (MSFT): The software giant reported strong quarterly earnings and announced a 10% increase in its quarterly dividend.
Economic News
- Inflation: The US Consumer Price Index (CPI) rose 0.3% in January, slightly higher than expected, but the core CPI, which excludes food and energy, remained tame at 0.1%.
- Unemployment: The US unemployment rate fell to 3.4% in January, the lowest level since 1969.
- GDP: The US economy grew at a 4.1% annual rate in the fourth quarter, slightly higher than expected.
Regulatory News
- SEC: The Securities and Exchange Commission (SEC) proposed new rules to improve the disclosure of climate-related risks and opportunities by publicly traded companies.
- FED: The Federal Reserve announced that it will keep interest rates unchanged and continue to monitor inflation and economic growth.
Other News
- Cryptocurrency: The price of Bitcoin (BTC) surged above $50,000 for the first time, driven by growing institutional interest and speculation about its potential as a store of value.
- Mergers and Acquisitions: AT&T (T) agreed to sell its WarnerMedia division to Discovery (DISCA) in a deal valued at $43 billion.
Please note that these are just some of the recent stock exchange news and updates, and there may be other important news and developments that are not included here.