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Apr 15 | Daily Finance News

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U.S. STOCK PICKS

  • U.S. stocks rose on Monday, rebounding from last week’s sell-off following strong Goldman Sachs earnings, hot retail data and hopes that the conflict in the Middle East won’t further escalate.
  • Retail sales increased 0.7% for the month of March, providing the latest indication that consumption remains strong in spite of inflationary pressures. That pace was higher than the 0.3% consensus forecast of economists polled by Dow Jones.
  • Goldman Sachs popped almost 5% after beating Wall Street expectations on both lines in the first quarter.
  • JPMorgan shares gained nearly 2% in Monday’s session, erasing some losses after tumbling Friday amid concerns about what the financial giant may generate from lending in the year ahead.
  • Tesla will lay off more than 10% of global workforce.
  • Trump Media shares plunge 11% after company files to issue additional DJT stock.

CANADA MARKET

Apr 15 | 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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