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% from yesterday's close.
• The S&P 500 Index (SPX) closed at 4,222.15, up 0.3% from yesterday's close.
• The Nasdaq Composite Index (COMP) closed at 13,741.93, up 0.4% from yesterday's close.

Top Gainers

• Tesla (TSLA) +4.1%
• Amazon (AMZN) +2.5%
• Microsoft (MSFT) +2.3%
• Alphabet (GOOGL) +2.2%
• Facebook (FB) +2.1%

Top Losers

• Johnson & Johnson (JNJ) -2.1%
• Procter & Gamble (PG) -1.9%
• Coca-Cola (KO) -1.8%
• McDonald's (MCD) -1.7%
• Visa (V) -1.6%

Economic News

• The US 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 Federal Reserve kept interest rates unchanged and signaled that it may raise rates later this year.

Company News

• Apple (AAPL) announced a new iPhone SE model with a lower price point.
• Tesla (TSLA) reported a surprise profit in the fourth quarter, sending its stock soaring.
• Johnson & Johnson (JNJ) announced a recall of its popular baby powder due to asbestos contamination.

Sector Performance

• Technology: +1.1%
• Healthcare: +0.5%
• Consumer Discretionary: +0.4%
• Financials: +0.3%
• Industrials: +0.2%

Market Analysis

• The market is expected to be volatile in the coming days as investors react to the latest economic data and company earnings reports.
• The Federal Reserve's decision to keep interest rates unchanged may have a positive impact on the market, as it suggests that the economy is strong enough to withstand rate hikes.
• The technology sector is expected to continue to lead the market higher, driven by the growth of cloud computing and artificial intelligence.