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Apr 04 | Daily Finance News

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U.S. STOCK PICKS

  • Stocks opened higher on Thursday as investors attempted a recovery from this week’s consecutive losing sessions for the Dow.
  • Megacap technology stocks bounced back on Thursday, with Nvidia shares adding 1.5% and Meta gaining more than 3%. Shares of Microsoft gained 1.3%.
  • Levi Strauss & Co shares popped 15.2% after the retailer topped first-quarter expectations.
  • According to data released Thursday, initial jobless claims increased more than expected last week, hitting their highest level since late January. Additional data posted by the Commerce Department reflected an increased in the trade deficit to $68.9 billion in February, slightly higher than the Dow Jones estimate.
  • Investors are now awaiting Friday for the release of March’s nonfarm payrolls.
  • Google sues crypto scammers for allegedly uploading fake apps to Android app store.

CANADA MARKET

  • Dollarama reports Q4 profit and sales up from year ago, raises quarterly dividend.
  • Record-high gold exports drive Canada's trade surplus wider.
  • Ford Motor Co. delays start of EV production at Oakville, Ont., plant until 2027.

Apr 04 | 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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