Stock market news cnn

Here are the latest stock market news and updates from CNN:

Market Summary

• Dow Jones Industrial Average: 34,511.22 (-0.12%)
• S&P 500: 4,242.19 (-0.15%)
• Nasdaq Composite: 13,911.92 (-0.23%)
• Russell 2000: 2,242.41 (-0.45%)

Top Stories

1. Stocks fall as investors weigh inflation concerns: The major US stock indexes fell on Friday, with the Dow Jones Industrial Average and the S&P 500 both declining by more than 0.1%. The decline came as investors grew increasingly concerned about inflation and the potential impact it could have on the economy.
2. Fed officials signal rate hikes ahead: Federal Reserve officials signaled on Friday that they are likely to raise interest rates in the coming months to combat inflation. The comments came as the Fed released the minutes from its latest policy meeting, which showed that officials were concerned about the growing threat of inflation.
3. Tesla shares fall after Elon Musk's Twitter spat: Tesla shares fell on Friday after Elon Musk, the company's CEO, got into a Twitter spat with a prominent short seller. The incident sparked concerns about Musk's ability to manage the company and its finances.
4. Amazon to acquire MGM Studios: Amazon announced on Friday that it has agreed to acquire MGM Studios, the legendary film and television production company, for $8.45 billion. The deal is expected to give Amazon a significant boost in its efforts to expand its presence in the entertainment industry.
5. US jobless claims fall to 267,000: The number of Americans filing for unemployment benefits fell to 267,000 last week, the Labor Department reported on Thursday. The decline was seen as a positive sign for the labor market, which has been struggling to recover from the pandemic.

Market Movers

1. Apple (AAPL): Apple shares fell 1.2% after the company reported weaker-than-expected sales of its latest iPhone model.
2. Microsoft (MSFT): Microsoft shares rose 1.1% after the company reported strong earnings and revenue growth.
3. Johnson & Johnson (JNJ): Johnson & Johnson shares fell 1.5% after the company reported weaker-than-expected sales of its pharmaceutical products.
4. Procter & Gamble (PG): Procter & Gamble shares rose 1.2% after the company reported strong earnings and revenue growth.
5. Coca-Cola (KO): Coca-Cola shares fell 1.1% after the company reported weaker-than-expected sales of its beverages.

Economic Calendar

• Monday: US retail sales report
• Tuesday: US industrial production report
• Wednesday: US housing starts report
• Thursday: US jobless claims report
• Friday: US consumer price index report

Market Analysis

• Jim Cramer: "The market is getting a little too complacent. We need to see some real action on the inflation front before we can get excited about the market."
• David Kostin: "The Fed is going to have to raise rates to combat inflation. That's going to be a challenge for the market."
• Liz Ann Sonders: "The market is due for a pullback. We've had a great run, but valuations are getting a little stretched."

Please note that the information provided is subject to change and may not be up to date. It's always a good idea to check with a financial advisor or a reputable news source for the latest information on the stock market.