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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
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- AiF insight | Tesla's Rise, AiF Proven Wrong! April 29, 2024
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Apr 05 | Daily Finance News
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U.S. STOCK PICKS
Closing: 4:00 PM EST
- 股市周五反弹,跟随道琼斯工业平均指数创下逾一年来的最大跌幅后,交易员们对强劲的就业报告表示欢迎,并忽略了利率的上涨。
- 道指上涨了307.06点,或0.8%,收于38,904.04点。 标准普尔500指数上涨了1.11%,收于5,204.34点。纳斯达克综合指数上涨了1.24%,收于16,248.52点。
- 联储理事鲍曼表示,如果通胀保持高位,可能需要进一步加息。
- 特斯拉股价本周下跌6%,因电动汽车市场增长放缓影响销售、定价和未来战略。
*All information sourced from news portals such as CNBC, Yahoo Finance, Reuters, etc.
Apr 05 | Daily Finance News
U.S. STOCK PICKS
- Stocks rebounded Friday morning following the index’s worst session in over a year as traders assessed the March jobs report.
- Job growth totaled 303,000 in March, which was better than expected, while the unemployment rate came in at 3.8% for the month, as expected. Nonfarm payrolls were expected to increase by 200,000, according to Dow Jones estimates. Wages rose 0.3% for the month and 4.1% from a year ago, both in line with estimates.
- “Near term, equities are likely subject to some consolidation following robust first-quarter returns,” said Terry Sandven, chief equity strategist at U.S. Bank Wealth Management. “A modest pullback would be within the normal ebb and flow of an upward-trending market.”
- McDonald’s will buy all 225 restaurants from Israel franchise following pro-Palestinian boycott fallout.
- Johnson & Johnson boosts heart device business with $12.5 billion Shockwave Medical deal.
- Teladoc CEO departs the company after stock’s 95% fall from 2021 highs.
CANADA MARKET
- Gas prices: Drone strike, OPEC+ amplify pre-summer spike at Canadian pumps.
- Canada’s unemployment rate jumps to 6.1% in March as job growth comes to a halt.
- Ontario pension fund preaches patience in private equity's long winter.
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