The labor market ballooned in January when the US economy added an astonishing 517,000 jobs, blowing past Wall Street's expectations. But at the same time, a slew of corporate layoff announcements have prompted questions about whether there could be a broad slowdown on the horizon.
|
|
|
News: What you need to know about the markets | | | | The job market is making traders' heads explode | The labor market ballooned in January when the US economy added an astonishing 517,000 jobs, blowing past Wall Street's expectations. But at the same time, a slew of corporate layoff announcements have prompted questions about whether there could be a broad slowdown on the horizon. Read more » | | World Bank President David Malpass to step down early | World Bank President David Malpass plans to step down a year before his term is set to end, the organization announced Wednesday. Read more » | | Stanford scholars co-signed Sam Bankman-Fried's $250 million bond | A federal judge released the names of two people who co-signed Sam Bankman-Fried's $250 million bond, which allowed him to be released on house arrest while he awaits trial on federal fraud and conspiracy charges. Read more » | | Charlie Munger still likes big banks and hates crypto | Charlie Munger, the 99-year-old vice chairman of Berkshire Hathaway and longtime friend and business associate of Warren Buffett, said that he's still a fan of many big bank stocks, even as Berkshire Hathaway has trimmed its top financial holdings. He also stepped up his long-time criticism of cryptocurrencies. Read more » | | Elon Musk donated $1.9 billion of Tesla stock to charity last year | Tesla CEO Elon Musk gave 11.5 million shares of his stake in the electric automaker to an undisclosed charity last year, shares worth about $1.9 billion at the time they were donated. Read more » | | Barclays shares plunge 10% as profit falls | Shares of Barclays tumbled nearly 10% Wednesday after the British bank reported a sharp drop in profit, driven by increased provisions for bad debts and huge fines for wrongly sold securities in the United States. Read more » | | | | | | | |
|
|
| +129.84 | | -68.56 | | -11.32 | 33,826.69 | | 11,787.27 | | 4,079.09 | +0.39% | | -0.58% | | -0.28% | YTD +2.05% | | YTD +12.62% | | YTD +6.24% | | | |
|
Biggest Winners | Deere & Co | +7.53% | | Bio Rad Laboratories Inc | +5.99% | | Organon & Co | +4.62% | | Baxter International Inc | +3.02% | | Biggest Losers | Albemarle Corp | -9.67% | | Hess Corp | -5.73% | | Halliburton Co | -5.39% | | EOG Resources Inc | -5.37% | | | | | |
Hottest ETF | | | NYSE Market Volume | | | | | | |
Key Market Stats | Latest | Today's Change | | Oil | $76.35 | -2.14 / -2.73% | | Gold | $1,850.90 | -0.90 / -0.05% | | 10-yr | 3.83% | -0.01 | | Euro | $1.07 | +0.00 / +0.37% | | |
|
Hi, let us know what you think of this newsletter! | | Tell us what you want to read more of... and less of. Email your tips and feedback to MarketsNow@cnn.com | | |
|
|
|
| Tips, thoughts or questions are always welcome at MarketsNow@cnn.com | | Want to change how you receive these emails? You can unsubscribe from this list | | ® © 2023 Cable News Network Inc. A WarnerMedia Company. All Rights Reserved. You are receiving this message because you subscribed to CNN Business's "Markets Now" newsletter.
Our Mailing address is: Cable News Network, Inc. 1 CNN Center Atlanta, GA 30303 | | | | |
Comments
Post a Comment