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.
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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 » | | | | | | | |
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| -697.10 | | -294.97 | | -81.75 | 33,129.59 | | 11,492.30 | | 3,997.34 | -2.06% | | -2.50% | | -2.00% | YTD -0.05% | | YTD +9.80% | | YTD +4.11% | | | |
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Biggest Winners | General Mills Inc | +4.42% | | Organon & Co | +3.92% | | Molson Coors Beverage Co | +3.13% | | Freeport-McMoRan Inc | +2.20% | | Biggest Losers | Generac Holdings Inc | -8.68% | | Lumen Technologies Inc | -7.12% | | Home Depot Inc | -7.06% | | Lincoln National Corp | -6.33% | | | | | |
Hottest ETF | | | NYSE Market Volume | | | | | | |
Key Market Stats | Latest | Today's Change | | Oil | $76.15 | -0.40 / -0.52% | | Gold | $1,844.00 | -6.20 / -0.34% | | 10-yr | 3.95% | +0.13 | | Euro | $1.06 | -0.00 / -0.31% | | |
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