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The Gazette in Medina, Ohio

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

Newspaper

The Gazette

Location

Medina, Ohio, United States of America

Date

Aug 27, 2024

Page

3

Dow closes at record as big tech weighs on market

The Dow Jones rose to an all time high of 41 240 52 while the S P 500 fell 0 3 percent and the Nasdaq dropped 0 9 percent amid declines in Nvidia Microsoft Amazon Meta Platforms and Tesla Techs dragged the broader market as oil rose on Middle East tensions and investors awaited inflation data and PCE figures.

U.S Meta Tesla Apple Microsoft Israel Hezbollah Treasury Dow Nvidia Wall Street Broadcom Lam Research Kohl’s Chevy Salesforce Dollar General Federal Reserve Fed Jerome Powell AlarumTc Nvidias AssetEnti Arcabio Intel Napco Fordm ASML Merck At&t Inc Mn Meta PLC AbbottLab AbbVie MorgStan Accenture Netflix Addielne Newell Br AMD Alibaba NextEraEn NiSource Alphabt C Northropg AmExp Amgen Oracle Apple Incs OwensCorn ApriMatl AstraZen PepsiCo Pfizer BkofAm Berkh Philip Mor Caterpillar ProdtGam Chevron Qualcom Cisco RPM CocaCola RaytTch Comcast RoyalBrig Costco S&p Gibl SAP SE Danaher Disney ServeNow Eli Lilly Shell PLC ExxonMbl Shrwin FirstEngy SixFlags FEMSA Smucker T-Mobile US GE Aero TainSemi Goldmans HSBC Target HomeDp HuntBnesh Texinst Ntel ThermoFis TotalEn Ntuit Toyota ntSurg Unilever Jpmorgch UtdhithGp JohnJn VerizonCm Visa Kohls Keycorp WalMarts LincNat WellsFargo MasterCrd Wendys Co McDalds YumBrads Sweet Crude NYMX New York Mercantile Exchange Chicago Board of Trade CME Chicago Mercantile Exchange ICE Intercontinental Exchange Mutual Init American Funds AmrenBalAm CptWidGrincAm FdmillavsAm Grfamrca m Incamrca m Inccamrca m Nwprspctva m Wamtinvsam Baird AggrgateBdlastl_ x Dodge & Cox Incl Dodge & Cox Stil Fidelity dxInsPrm Fidelity BC Growth Fidelity Contrafund Fidelity Globalex Usidx Fidelity Group PIMCO Schwab Vanguard Vanguard GridxAdmil Vanguard Intiteadmil Vanguard InsidxIns The Associated Press

Kroger Albertsons merger faces FTC court challenge in Portland

In Portland a three week hearing opens over the 24.6 billion Kroger Albertsons merger. FTC seeks a preliminary injunction while the case proceeds. Both sides defend the deal claiming scale and price competition benefits. Owners warn of store closures and job losses if blocked.

Portland Ore Albertsons Kroger Cincinnati U.S Federal Trade Commission FTC Susan Musser Musser Kroger and Santa Fe New Mexico Kroger and Albertsons Walmart Costco Enu Mainigi Mainigi Aldi Trader Joe’s Dollar General Matthew Wolf Kim Cordova UFCW

Canada imposes 100 percent tariff on Chinese EV imports

Canada announced a 100 percent tariff on imports of Chinese made electric vehicles matching U.S. tariffs amid concerns over Chinese subsidies. Prime Minister Trudeau and Deputy PM Freeland said a 30 day review on batteries and solar parts will follow. U.S. and Chinese responses loom as BYD and Tesla remain key players in the Canadian market.

Canada Toronto U.S China Jake Sullivan Justin Trudeau Sullivan Beijing Trudeau Tesla Shanghai Fac Tories Germany BYD Joe Biden Biden Chrystia Freeland Freeland Guy Saint-Jacques Saint-Jacques

Market Summary: NYSE and Nasdaq Week Retains Gains

The market summary notes gains on the New York Stock Exchange and Nasdaq with a steady week. Investors watch major indices, technology shares, and financials as trading closes higher in a cautious session.

Also Mentioned on This Page

Damian J. Troise Alex Veiga Faye Guenther Carol McMillian Kroger-owned King Soopers Local 7 Federal Oregon Rob Gillies the Market IN Review Dow Jones S&p Dow Industrials Dow Transportation Dow Utilities NYSE ALSL Wilshire Russell Naspaaq
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