Key Insights for Navigating the Stock Market on Thursday, April 4th
Get ready for the top news stories that will impact your trading day:
1. Dow Jones Industrial Average Performance
The Dow Jones Industrial Average experienced a decline for the third consecutive day on Wednesday. The index dropped by 43.10 points, or 0.11%. Notably, Intel led the decline with a more than 8% drop following reported operating losses in its semiconductor manufacturing sector. On the other hand, the S&P 500 saw a slight increase of 0.11%, marking its first positive session of the week. Additionally, the Nasdaq Composite also ended the day on a positive note, gaining 0.23%. In a positive economic indicator, ADP data released on Wednesday revealed better-than-expected growth in private payrolls for March. Stay updated with live market updates.
2. Amazon’s Workforce Changes
Amazon‘s cloud computing division is undergoing significant workforce reductions in its physical store technology and sales and marketing departments. The slowdown in sales growth at Amazon Web Services has led to these layoffs, especially as companies reduce their cloud expenditures. These job cuts coincide with Amazon’s decision to eliminate cashierless checkout systems in its U.S. Fresh stores, with the AWS unit responsible for overseeing this technology.
3. Disney’s Shareholder Vote Outcome
Shareholders of Disney voted overwhelmingly on Wednesday to reelect the entire board, effectively ending a prolonged battle with activist investor Nelson Peltz. This vote signifies
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Key Insights for Navigating the Stock Market on Thursday, April 4th
“Libyan News” follows fish prices and demand in the city of Benghazi during the month of Ramadan
Benghazi, March 21, 2024 (Libyan News) – The month of Ramadan is a special opportunity for many families in Libya to eat various types of fish, due to their nutritional benefits. There is an increase in demand for buying fish during this blessed month, which may affect their prices at times.
-Fish prices in Ramadan
Some citizens in Benghazi confirm that fish prices did not witness significant changes during the month of Ramadan compared to the days of Eid al-Fitr, as the prices of some common species ranged between (20 and 30) dinars per kilogram.
-The most important types of fish that are popular for purchase in Benghazi
Benghazi has a coast rich in fish wealth, making it a destination for seafood lovers. We mention the most important types of fish that are popular with citizens in Benghazi:
Sardines: They are characterized by their reasonable price and delicious taste, and they are also rich in protein, vitamins and minerals.
Grouper, known as chicken locally: is on
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“Libyan News” follows fish prices and demand in the city of Benghazi during the month of Ramadan
Unprecedented: Portugal will have negative electricity prices this Friday for the first time
#Unprecedented #Portugal #negative #electricity #prices #Friday #time
This Friday, April 5th, the national electrical system will have an unprecedented record: for the first time there will be, in the daily market, hours with negative prices, indicating that there will be producers available to pay to continue operating and not stop injecting electricity into the network.
It will only be for two hours, between 1pm and 3pm, and the price is only slightly negative: 0.01 euros per megawatt hour (MWh). But it marks a historic record in an electrical system that, since the Iberian electricity market (Mibel), created in 2007, has never gone “red”.
Mibel has already been recording negative prices with some frequency on the intraday market, a price adjustment platform where producers and traders seek to correct deviations from offers made and contracted the day before.
But on the main Mibel market, the platform where
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Unprecedented: Portugal will have negative electricity prices this Friday for the first time
FERTILIZER PRODUCTION – The Big Island shifts into higher gear
| When signing the partnership agreement. |
The State wants to boost agricultural production on the Big Island to achieve food self-sufficiency. Private sector companies adhere to this vision and will contribute to the massive production of fertilizers to raise yield per hectare to a higher level.
Establishing fertilizer factories and encouraging the use of this input to boost agricultural production: this is the strategy adopted by the State, which is working in concert with private sector companies to install these factories in six regions of the island. This week, the Ministry of Agriculture and Livestock as well as six private companies working in the production of agricultural inputs signed a partnership agreement to this effect.
According to Suzelin Ratohiarijaona, Minister of Agricul
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FERTILIZER PRODUCTION – The Big Island shifts into higher gear
A property on the Montenapoleone shopping street in Milan has been sold for 1.3 billion euros
French luxury goods company “Kering” announced the purchase of a historic building on the famous Via Montenapoleone in Milan for a price of 1.3 billion euros, DPA reported, cited by BTA.
The 350-meter shopping street is the most expensive street in Europe and the second most expensive street in the world after Fifth Avenue in New York. There are mainly clothing shops and jewelery shops of the most famous brands in the world.
Kering, owner of the Gucci, Saint Laurent and Bottega Veneta brands, closed the deal for the property with Property Partners Europe, a subsidiary of the Blackstone company.
The company announced that the investment is part of its selective real estate strategy to secure highly desirable key locations for its fashion houses.
Kering said the property includes more than 5,000 square meters of retail space, making it one of the largest in Montenapoleone. The five-story building was built in the 18th century and already houses the Saint Laurent store.
2024-04-04 12:44:23
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A property on the Montenapoleone shopping street in Milan has been sold for 1.3 billion euros
Gold Prices Soar to Record High: Powell’s Uncertainty on Interest Rates, Taiwan Earthquake, and Middle East Tensions Impact Markets
Chairman Powell: “It is not clear when interest rates will be cut”
The Taiwan earthquake and Middle East tensions are also having an impact
Domestic stocks and virtual assets rise together
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A worker holds a gold bar at the Samsung Gold Exchange in Seoul on the 4th. The international gold price reached a record high of over $2,300 per ounce (28.3 g) on the New York Mercantile Exchange on the 3rd (local time).
Reporter Do Jun-seok
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A worker holds a gold bar at the Samsung Gold Exchange in Seoul on the 4th. The international gold price reached a record high of over $2,300 per ounce (28.3 g) on the New York Mercantile Exchange on the 3rd (local time).
Reporter Do Jun-seok
The price of gold exceeded $2,300 per ounce (28.3 g), a record high. On the 3rd (local time) at the New York Mercantile Exchange, gold futures for June delivery ended trading at $2315.0 per ounce, up $33
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ECB, we will have to wait for June for more precise inflation data
During the last meeting of the ECB Governing Council, held in March, the importance of the new macroeconomic projections prepared by the staff was highlighted. These projections, together with a series of data and information that will be available by the next meeting in June, are cru
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ECB, we will have to wait for June for more precise inflation data
as the US’s biggest media mogul is about to marry into Russian oligarch circles
Russia does not leave the headlines, and March was no exception. First, tens of thousands of Russians gathered to mourn opposition leader Alexei Navalny, who died last month in a penal colony in the Arctic. Many Russians then took part in a coordinated protest against the recent presidential election to show that the Kremlin’s yet another announcement of Vladimir Putin’s landslide victory was not true. Finally, 143 people were killed and more than 300 injured in a horrific terrorist attack linked to the Islamic State’s ISIS-K branch at a concert hall near Moscow.
If so many tragedies had not happ
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as the US’s biggest media mogul is about to marry into Russian oligarch circles
At 3.75% the interest rate of three-month promissory notes
– 2024-04-04 02:09:14
The interest rate on three-month Greek Treasury bills decreased to 3.75% in today’s auction, April 3, 2024, from 3.83% in the previous auction on January 31, 2024.
More specifically, as announced by Public Debt Management Organization, in the auction of 13-week interest-bearing notes, amounting to 625 million Euros, their yield was 3.75%. A total of 996 million Euros were submitted, which exceeded the asking amount by 1.59 times.
Draw 812.5 million
The State will draw 812.5 milli
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At 3.75% the interest rate of three-month promissory notes – 2024-04-04 02:09:14