Market Open: Stocks Higher, Microsoft Up 9% On Strong Quarterly Results, Jobless Claims Pop 5/1/25
CNBC Business News Update
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Market Gains and Labor Market Concerns Amid Earnings Reports
This chapter highlights the surge in U.S. stock markets driven by robust earnings reports from tech giants like Meta and Microsoft, alongside rising jobless claims indicating labor market challenges. It also delves into consumer spending trends and significant corporate news affecting companies like Tesla and General Motors.
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