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- 华尔街上涨以弥补本周的损失, 苹果宣布史上最大规模回购 | Ai Financial 财经日报 May 2, 2024
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- Stocks are rising Thursday after Fed decides to hold rates steady May 2, 2024
- Dow closes higher as Powell says Fed’s next move is unlikely to be a hike May 1, 2024
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- S&P 500 inches lower as Wall Street readies for Fed rate decision May 1, 2024
- The Dow plunges as Wall Street concludes a dismal April April 30, 2024
- Stocks fall on disappointing earnings and inflation data before Fed decision April 30, 2024
- Stocks break losing streak, while tech stocks rallied; Slow progress on inflation means rates will stay high for longer April 29, 2024
Apr 01 | Daily Finance News
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U.S. STOCK PICKS
- S&P 500 rises slightly to start the second quarter.
- The personal consumption expenditures price index excluding food and energy, released Friday during the market closure for Good Friday, showed inflation rose 2.8% in February, which is in line with expectations. The inflation gauge closely watched by the Federal Reserve also rose 0.3% from a month ago, the Commerce Department said.
- Federal Reserve Chair Jerome Powell also said Friday that policymakers don’t need to rush an interest rate cut with economic growth still strong and inflation above target.
- Fed must get ‘more aggressive’ with rate cuts due to weakening jobs market, Canaccord’s chief market strategist says.
- Walmart, Chipotle are splitting the wealth of a record stock market in a way they haven’t in decades: Walmart recently completed its first stock split in decades; Chipotle is planning the first stock split in its 30-year history to be completed in June.
- Microsoft to separate Teams and Office globally amid antitrust scrutiny.
- Oil prices edge lower after booking strong first quarter.
CANADA MARKET
- Canadian factory PMI edges up to 11-month high in March.
- Canada likely to avoid recession, begin recovering in second half of 2024: Deloitte.
- The national price on pollution will rise by $15 per tonne today. Gasoline: Going from $65 per tonne to $80, means filling a 50 litre tank from empty will cost about $8.80 in carbon price, about $1.65 more than before.
- More than 500,000 people signed up for the First-Home Savings Account in its first year.
Apr 01 | 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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