Daily U.S. Stock Market Highlights (Friday, October 4)
2024-10-04 12:49:48
< br > < b > Important News < br > < span class = "section-news" > 1. The unemployment rate in the United States recorded 4.1% in September, the lowest since June 2024; the number of non-farm payrolls in the United States increased by 254,000 in September, far exceeding expectations. < br > < b > Individual Stock News < br > < span class = "section-news" > 1. Shares in the China Dragon ETF, which now includes Tencent, Pinduoduo, Alibaba, Meituan, BYD, Xiaomi, JD.com, Baidu and NetEase, rose nearly 13 per cent in premarket trading. Google has threatened to stop providing links to New Zealand news if lawmakers pass a bill aimed at making digital platforms pay media. Apple (AAPL. O) is expected to launch its fourth-generation iPhone SE in spring 2025, which will feature OLED screens for the first time; < br > < span class = "section-news" > 4. Spirit Airlines (SAVE. N) U.S. shares plunged 40 percent in premarket trading. The budget carrier is reportedly discussing the terms of a potential bankruptcy filing with bondholders after its failed merger with JetBlue. < br > < span class = "section-news" > 5. Rivian (RIVN. O) U.S. shares fell more than 7 percent in premarket trading after the company cut its 2024 auto production forecast. < br > < span class = "section-news" > 6. Yum China (YUMC. N): It spent $2.40 million to buy back 48,000 shares on October 3.
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