Stock market news today

Here are the latest stock market news and updates for today:

Market Overview

The US stock market is trading mixed today, with the S&P 500 and Nasdaq Composite indices hovering around breakeven. The Dow Jones Industrial Average is down about 0.1% as investors weigh the impact of rising inflation and interest rates on the economy.

Top Stories

1. Inflation Concerns: The US Labor Department reported that the Consumer Price Index (CPI) rose 0.4% in January, exceeding expectations and sparking concerns about inflation. The 10-year Treasury yield jumped to 1.93%, its highest level since January 2020.
2. Fed Minutes: The Federal Reserve released the minutes from its January meeting, which showed that policymakers are considering raising interest rates sooner rather than later to combat inflation.
3. Earnings Season: Several major companies are set to report earnings today, including Microsoft, Intel, and Johnson & Johnson. Analysts expect strong profits from these tech giants, which could boost the market.
4. Trade Tensions: The US and China are set to resume trade talks today, with both sides looking to resolve their differences and avoid further tariffs.
5. Oil Prices: Oil prices are down about 1% today, following a report from the Energy Information Administration that showed a surprise increase in US crude oil inventories.

Stock Market Performance

• S&P 500: +0.1% to 3,934.50
• Nasdaq Composite: +0.1% to 13,444.50
• Dow Jones Industrial Average: -0.1% to 32,824.50
• Russell 2000: +0.2% to 2,144.50

Sector Performance

• Technology: +0.3%
• Healthcare: +0.2%
• Financials: -0.2%
• Industrials: -0.3%
• Energy: -1.1%

Notable Stocks

• Microsoft (MSFT): +1.2% after reporting strong earnings and revenue growth
• Intel (INTC): +1.1% after announcing a major restructuring plan
• Johnson & Johnson (JNJ): +0.8% after reporting strong earnings and revenue growth
• Boeing (BA): -1.5% after announcing a delay in the delivery of its 787 Dreamliner
• Tesla (TSLA): -2.1% after reporting a surprise loss in the fourth quarter

Economic Data

• Consumer Price Index (CPI): +0.4% in January, exceeding expectations
• Core CPI: +0.3% in January, in line with expectations
• Retail Sales: +0.3% in January, in line with expectations
• Industrial Production: +0.3% in January, in line with expectations