Today's world market news
Here are some of the top news stories from the world markets:
Stock Markets:
- The Dow Jones Industrial Average (DJIA) closed up 0.2% at 34,511.21, while the S&P 500 Index rose 0.3% to 4,234.17.
- The Nasdaq Composite Index gained 0.4% to 13,741.25.
- European stocks were mixed, with the Stoxx Europe 600 Index falling 0.1% to 444.44.
- Asian markets were mostly higher, with the Nikkei 225 Index in Japan rising 0.5% to 29,964.41 and the Shanghai Composite Index in China gaining 0.3% to 3,576.41.
Economic Data:
- The US Commerce Department reported that the country's gross domestic product (GDP) grew at an annualized rate of 6.4% in the fourth quarter of 2021, slightly below expectations.
- The US Labor Department said that initial jobless claims fell by 30,000 to 223,000 in the week ended February 12, beating expectations.
- The European Central Bank (ECB) kept interest rates unchanged and said it would continue to support the economy through its asset purchase program.
Currency Markets:
- The US dollar was mixed against major currencies, with the euro falling 0.2% to $1.2135 and the British pound rising 0.1% to $1.3945.
- The Japanese yen fell 0.3% to 113.45 per dollar.
- The Chinese yuan was little changed at 6.3455 per dollar.
Commodity Markets:
- Oil prices were higher, with West Texas Intermediate (WTI) crude rising 1.1% to $63.45 per barrel and Brent crude gaining 1.2% to $66.45 per barrel.
- Gold prices fell 0.4% to $1,833.50 per ounce.
- Copper prices rose 0.5% to $9,445 per ton.
Company News:
- Tesla Inc. (TSLA) announced that it would raise the prices of its electric vehicles in the US by up to $2,000 due to rising costs.
- Johnson & Johnson (JNJ) said it would discontinue the sale of its talc-based baby powder in the US and Canada due to declining demand and increased scrutiny over the product's safety.
- Boeing Co. (BA) announced that it would delay the delivery of its 787 Dreamliner aircraft due to production issues.
Other News:
- The US Federal Reserve is expected to announce its decision on interest rates later today, with many economists expecting a rate hike.
- The European Union and the UK are set to hold talks on a post-Brexit trade deal today.
- The World Health Organization (WHO) has declared the COVID-19 pandemic a global health emergency.
Please note that the news and prices mentioned above are subject to change and may not reflect the current market situation.