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The Chronicle Telegram in Elyria, Ohio

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Articles on This Page

This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Apr 09, 2024

Page

3

Stocks Hold Near Records as Traders Await Rate Moves

U S stocks paused after a volatile stretch with the S P 500 at 5202 39 the Dow near 38892 80 and the Nasdaq at 16253 96 Investors await Federal Reserve guidance on rate cuts with Powell signaling possible cuts this year. Market mood hinges on inflation data and energy sector gains fueling profits expectations.

New York U.S Federal Reserve Wall Street Fed Jerome Powell CME Group Dimon Mili Dow Industrials Dow Transportation Dow Utilities NYSE S&p S&p MidCap Wilshire Russell Mutual American Funds AmrcnBalAm FdmillavsAm GrfAmrcAm IncAmrcAm Inccamrcam NwPrspctvAm Wamtinvsam Dodge & Cox Incl Dodge & Cox Stk NL Fidelity 500IdxInsPrm Fidelity BC Fidelity Fidelity Group Pimco Incinstr Vanguard EqincAdmrl Vanguard GrldxAdmrl Vanguard Intrteadmrl Vanguard Insidxins Vanguard InsidxInsPlus Doe SEC The Associated Press

Brazilian Supreme Court Targets Elon Musk Over Fake News

Justice Alexandre de Moraes opened a separate probe into Elon Musk for alleged obstruction as part of an inquiry into digital militias accused of spreading defamatory fake news against Supreme Court justices. The decision cites Musk actions on X warning of noncompliance and possible VPN circumvention.

Rio DE Janeiro Supreme Court Elon Musk U.S Alexandre de Moraes Musk Twitter Tesla Spacex de Moraes Brazil Muskc Associated Press Jair Bolsonaro Bolsonaro The Justice Telegram Allan Dos Santos Dos Santos Luis Roberto Barroso

Dimon warns wars and debt threaten U S recovery

JPMorgan Chase CEO Jamie Dimon in a shareholder letter says U S resilience is likely but geopolitical conflicts including Ukraine and Israel Hamas risk a backdrop worse than World War II. He defends diversity efforts and cautions on inflation from deficit spending and remilitarization.

New York Jpmorgan Chase Jamie Dimon Investors Monday U.S Ukraine Dimon America Tary West China Russia

U S pledge of 6.6B to expand TSMC chip plants in Arizona

The Biden administration will provide up to 6.6 billion to Taiwan Semiconductor Manufacturing Co. to expand two Phoenix facilities and add a third production hub. Raimondo says the funding supports CHIPS Act goals to boost U S semiconductor manufacturing and national security.

Wilmington Del Biden Administration Arizona Commerce Gina Raimondo Taiwan Semiconductor Manufacturing Co Ing Phoenix Raimondo Joe Biden U.S Biden Washington TSMC United States America

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