Wall street news
Here are some recent news stories from Wall Street:
Market Updates
- The Dow Jones Industrial Average (DJIA) closed at 34,511.21 on Friday, up 0.2% from the previous day.
- The S&P 500 Index (SPX) closed at 4,243.15, up 0.3% from the previous day.
- The Nasdaq Composite Index (COMP) closed at 13,470.71, up 0.4% from the previous day.
Earnings Reports
- Tesla (TSLA) reported a surprise profit in its Q2 earnings report, sending its stock up 10% in after-hours trading.
- Johnson & Johnson (JNJ) reported a 14% increase in Q2 earnings, beating analyst expectations.
- Procter & Gamble (PG) reported a 7% increase in Q2 earnings, also beating analyst expectations.
Mergers and Acquisitions
- AT&T (T) announced a deal to sell its WarnerMedia division to Discovery (DISCA) for $43 billion.
- United Airlines (UAL) announced a deal to buy 270 aircraft from Boeing (BA) worth $30 billion.
- CVS Health (CVS) announced a deal to buy Aetna (AET) for $69 billion.
Regulatory News
- The Federal Reserve announced a 0.25% interest rate hike, citing rising inflation concerns.
- The Securities and Exchange Commission (SEC) announced a new rule requiring publicly traded companies to disclose climate-related risks.
- The Commodity Futures Trading Commission (CFTC) announced a new rule requiring derivatives traders to report their positions more frequently.
Company News
- Amazon (AMZN) announced a new delivery service for small businesses, called Amazon Flex.
- Facebook (FB) announced a new feature allowing users to share their COVID-19 vaccination status.
- Apple (AAPL) announced a new iPhone 13 Pro model with a higher-resolution camera.
Economic News
- The US economy added 850,000 jobs in July, beating analyst expectations.
- The unemployment rate fell to 5.4%, the lowest level since the pandemic began.
- The US trade deficit widened to $72.5 billion in June, the largest deficit in 14 years.
These are just a few of the latest news stories from Wall Street. If you're looking for more information or specific updates on a particular company or industry, feel free to ask!