Categories

Apr 03 | Daily Finance News

U.S. STOCK PICKS

  • The S&P 500 was near flat on Wednesday, as Wall Street’s struggles to start the second quarter of 2024 continued.
  • ADP data released Wednesday showed private payrolls grew more than expected in March. It offered another sign of resiliency in the economy as investors grow increasingly concerned about the path of interest rate cuts from the Federal Reserve.
  • Steve Cohen says the Fed may have a hard time getting inflation down to its goal.
  • Intel shares fall after company reveals $7 billion operating loss in foundry business.
  • Amazon ditches cashierless checkout system at its grocery stores.
  • Lightspeed to cut 280 jobs as it looks to turn profitable.

CANADA MARKET

  • Toronto home prices rise, but sales slow in March.
  • Tech industry says barriers keep Canadian companies from selling to government.
  • Canada services PMI falls in March as downturn lengthens.

Apr 03 | 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.

RELATED READING

Subscribe to Ai Financial Newsletter

Sign up for our weekly stock market update and be the first to know about our webinars.

Newsletter Subscription