Mar 25 | Daily Finance News

0325 stock market

U.S. STOCK PICKS

  • Stocks slip to start shortened trading week as rally to records pauses.
  • Shares of Intel led the market lower, with the semiconductor firm sliding 4% after The Financial Times reported that new China guidelines would block Intel chips in government servers and computers.
  • United Airlines stock fell 4% after the Federal Aviation Administration said it would be heightening scrutiny of the airline after a series of safety incidents.
  • Boeing CEO to step down in broad management shake-up as 737 Max crisis weighs on aerospace giant.
  • EU launches probe into Meta, Apple and Alphabet under sweeping new tech law.
  • Wall Street just gave its highest year-end forecast yet for the S&P 500.

CANADA MARKET

  • Canada government spending growing twice the pace of revenue.
  • Canada's economy to slow with new limits on temporary migrants: Canada’s planned reduction in temporary residents is set to add downward pressure to inflation and economic growth in the coming months, and the policy will likely halve its population growth rate when it takes full effect next year, economists say.
  • More Canadians ditch traditional TV as streamers are 'winning the battle': report

Mar 25 | Daily Finance News

U.S. STOCK PICKS

Closing: 4:00 PM EST

*All information sourced from news portals such as CNBC, Yahoo Finance, Reuters, etc.

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