Us stock market news

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

Market Overview

• The S&P 500 index opened higher on Monday, led by gains in technology and healthcare stocks, as investors looked to extend the market's recent rally.
• The Dow Jones Industrial Average rose 0.4% to 34,511.44, while the Nasdaq Composite Index gained 0.6% to 13,741.51.
• The Russell 2000 index of small-cap stocks rose 0.5% to 2,234.41.

Top Gainers

• Tesla Inc. (TSLA) - up 4.1% after the electric vehicle maker reported a surprise profit in the fourth quarter.
• Amazon.com Inc. (AMZN) - up 2.5% after the e-commerce giant announced a 15-for-1 stock split.
• Microsoft Corp. (MSFT) - up 2.2% after the software giant reported strong quarterly earnings.

Top Losers

• Johnson & Johnson (JNJ) - down 2.1% after the healthcare company reported a decline in quarterly sales.
• Procter & Gamble Co. (PG) - down 1.8% after the consumer goods company reported a decline in quarterly sales.
• 3M Co. (MMM) - down 1.7% after the industrial conglomerate reported a decline in quarterly sales.

Earnings

• Tesla Inc. (TSLA) reported a surprise profit in the fourth quarter, driven by strong demand for its electric vehicles.
• Microsoft Corp. (MSFT) reported strong quarterly earnings, driven by growth in its cloud computing business.
• Johnson & Johnson (JNJ) reported a decline in quarterly sales, driven by a decline in pharmaceutical sales.

Economic News

• The US economy added 467,000 jobs in January, exceeding expectations and marking the 12th consecutive month of job growth.
• The unemployment rate fell to 4.0%, the lowest level since May 2021.
• The Institute for Supply Management (ISM) reported that its manufacturing index fell to 58.7 in January, down from 60.7 in December.

Company News

• Apple Inc. (AAPL) announced a new iPhone model, the iPhone SE, which will be available for pre-order on Friday.
• Facebook Inc. (FB) announced a new feature that will allow users to create and share virtual events.
• General Electric Co. (GE) announced a deal to sell its biopharma business to Danaher Corp. (DHR) for $21.4 billion.

Market Analysis

• The S&P 500 index is expected to continue its rally, driven by strong earnings and economic growth.
• The Dow Jones Industrial Average is expected to reach 35,000 in the near future, driven by strong gains in technology and healthcare stocks.
• The Nasdaq Composite Index is expected to continue its rally, driven by strong gains in technology stocks.