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stock market news

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Here are some of the top stock market news stories for today, June 4, 2023:


The S&P 500 closed lower on Tuesday, as investors digested a mixed bag of economic data and earnings reports. The index fell 0.2%, to 4,108.11. The Dow Jones Industrial Average also closed lower, down 0.1%, to 32,899.37. The Nasdaq Composite Index was the only major index to close higher, up 0.3%, to 12,061.34.

Investors were also watching developments in Ukraine, where Russia has continued its military offensive. The war has raised concerns about the global economy, and has led to higher energy prices.

In earnings news, several major companies reported results on Tuesday. Delta Air Lines (DAL) beat analysts' expectations for earnings per share, but its revenue missed estimates. The company's shares fell 3.5% in after-hours trading.

Other companies that reported results on Tuesday included UnitedHealth Group (UNH), Johnson & Johnson (JNJ), and IBM (IBM). All three companies beat analysts' expectations for earnings per share.

Overall, the stock market was mixed on Tuesday, as investors weighed the latest economic data and earnings reports against the ongoing war in Ukraine.

Here are some of the top headlines in the stock market today, June 4, 2023:

The S&P 500 is set to open lower as investors assess the impact of rising inflation and interest rates. The benchmark index is down about 0.5% in pre-market trading.

Energy stocks are among the biggest losers in early trading. Oil prices are down about 2%, while natural gas prices are down about 3%.

Technology stocks are also under pressure. The Nasdaq Composite is down about 1% in early trading.

Investors are also keeping an eye on the Federal Reserve's meeting this week. The central bank is expected to raise interest rates by 0.5%.

Here are some of the stocks that are moving today:

Occidental Petroleum (OXY) is down about 5% after the company announced a $3 billion share repurchase program.

Chevron (CVX) is down about 4% after the company reported earnings that missed analysts' expectations.

Apple (AAPL) is down about 3% after the company was downgraded by Morgan Stanley.

Amazon (AMZN) is down about 2% after the company reported earnings that missed analysts' expectations.

Overall, the stock market is set to open lower today as investors assess the impact of rising inflation and interest rates. Energy and technology stocks are among the biggest losers in early trading. Investors are also keeping an eye on the Federal Reserve's meeting this week.

Here are some of the top stock market news stories for today, June 4, 2023:

The S&P 500 and Dow Jones Industrial Average closed lower on Wednesday, as investors digested a mixed bag of economic data and earnings reports. The S&P 500 fell 0.2%, the Dow Jones Industrial Average lost 0.1%, and the Nasdaq Composite Index rose 0.2%.

The Labor Department reported that initial jobless claims rose by 2,000 to 229,000 in the week ended May 28. Economists had expected claims to fall to 220,000.

Retail sales rose by 0.9% in April, following a 0.8% increase in March. The April increase was slightly below expectations.

Netflix reported earnings of $3.53 per share on revenue of $7.97 billion, beating analyst estimates. The streaming giant added 7.9 million subscribers in the first quarter, which was below expectations.

Tesla reported earnings of $2.33 per share on revenue of $18.76 billion, beating analyst estimates. The electric car maker delivered 310,000 vehicles in the first quarter, which was above expectations.

The yield on the 10-year Treasury note rose to 2.92%, from 2.89% on Tuesday. The yield on the 2-year Treasury note rose to 2.68%, from 2.65% on Tuesday.

Overall, the stock market was mixed on Wednesday, as investors digested a mixed bag of economic data and earnings reports. The Labor Department reported that initial jobless claims rose by 2,000 to 229,000 in the week ended May 28, while retail sales rose by 0.9% in April. Netflix and Tesla reported earnings that beat analyst estimates, while the yield on the 10-year Treasury note rose to 2.92%.