Daily US Stock Market Highlights Express (Thursday, May 2)
2024-05-02 12:53:56
< br > < b > IMPORTANT NEWS < br > < span class = "section-news" > 1. The U.S. trade account recorded - $69.40 billion in March, the largest deficit since April 2023. < br > < span class = "section-news" > 2. It is reported that OPEC + may extend its voluntary production cuts beyond the second quarter. < br > < span class = "section-news" > 3. The OECD expects the Federal Reserve to cut interest rates to 3.75-4% by the end of 2025, starting in the third quarter (of this year). < br > < b > Stock News < br > < span class = "section-news" > 1. U.S. Jobs Data Company Challenger: The auto industry cut the most jobs in April, with 14,373 jobs, mainly because Tesla (TSLA. O) announced that it will cut 14,000 jobs, accounting for 10% of its global workforce. < br > < span class = "section-news" > 2. Moderna (MRNA. O) Quarter 1 Revenue of $167 million, higher than market expectations. < br > < span class = "section-news" > 3. Hamburger brand Shake Shack announced its first-quarter results, with revenue of $290.50 million in the first quarter, an increase of 14.7% year-on-year, and same-store sales fell short of expectations. < br > < span class = "section-news" > 4. Apple (AAPL. O) CEO Cook is expected to hint at new artificial intelligence features next week. < br > < span class = "section-news" > 5. CEO and president of Peloton, an American social fitness company, resigned.
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