Stock trading news
Here are some recent stock trading news and updates:
Market News
- The Dow Jones Industrial Average (DJIA) closed above 34,000 for the first time on February 16, 2021, driven by optimism over the COVID-19 vaccine rollout and economic recovery.
- The S&P 500 index reached an all-time high on February 16, 2021, as investors continued to bet on the strength of the US economy.
- The US Federal Reserve kept interest rates unchanged on February 17, 2021, and signaled that it would maintain its accommodative monetary policy stance for the foreseeable future.
Company News
- Tesla (TSLA): The electric vehicle maker reported a record quarterly profit on January 27, 2021, driven by strong demand for its vehicles and solar panels.
- Amazon (AMZN): The e-commerce giant announced a 21% increase in quarterly profit on January 28, 2021, driven by strong sales growth and cost-cutting measures.
- Apple (AAPL): The tech giant reported a 21% increase in quarterly profit on January 26, 2021, driven by strong demand for its iPhones and services.
- Microsoft (MSFT): The software giant reported a 33% increase in quarterly profit on January 26, 2021, driven by strong demand for its cloud computing services and Azure platform.
Earnings Reports
- Alphabet (GOOGL): The parent company of Google reported a 15% increase in quarterly profit on February 2, 2021, driven by strong growth in its advertising business.
- Facebook (FB): The social media giant reported a 21% increase in quarterly profit on February 2, 2021, driven by strong growth in its advertising business and e-commerce platform.
- Johnson & Johnson (JNJ): The healthcare company reported a 14% increase in quarterly profit on February 2, 2021, driven by strong demand for its pharmaceuticals and medical devices.
Regulatory News
- SEC Proposes New Rules for SPACs: The US Securities and Exchange Commission (SEC) proposed new rules on February 17, 2021, aimed at increasing transparency and investor protection in special purpose acquisition companies (SPACs).
- EU Proposes New Rules for Short Selling: The European Union proposed new rules on February 16, 2021, aimed at increasing transparency and reducing the risks associated with short selling.
Economic Data
- US GDP Growth: The US economy grew at a 4.1% annualized rate in the fourth quarter of 2020, according to data released on February 25, 2021.
- US Inflation Rate: The US inflation rate rose to 1.4% in January 2021, according to data released on February 11, 2021.
- US Unemployment Rate: The US unemployment rate fell to 6.3% in January 2021, according to data released on February 5, 2021.
These are just a few examples of recent stock trading news and updates. It's always important to stay informed and up-to-date on market and economic trends to make informed investment decisions.