Stock market: Global shares mostly rise after Wall Street rebound led by tech stocks
Friday, 2 February 2024 Global shares mostly rose Friday, helped by optimism about technology shares following a Wall Street rally led by big tech stocks. France's CAC 40 edged up 0.4% in early trading to 7,616.10, while Germany's DAX rose 0.6% to 16,966.54. Britain's FTSE 100 gained 0.5% to 7,659.55. US shares were set to drift slightly higher with Dow futures being virtually unchanged at 38,621.00. S&P 500 futures rose 0.6% to 4,956.50.
Snap to Cut 10% , of Global Workforce.
On Feb. 5, Snap Inc. said it will lay
off about 500 employees in an effort to "promote in-person collaboration.".
The news prompted shares to
fall close to 1% that morning. .
Like many tech companies,
Snap has implemented numerous
rounds of job cuts since...
Jeff Bezos Sells $4 Billion , of Amazon Stock.
Earlier this month, Amazon
revealed that Bezos would be offloading
50 million shares by Jan. 31, 2025.
Earlier this month, Amazon
revealed that Bezos..
Credit: Wibbitz Top Stories Duration: 01:31Published
McDonald's CEO , Talks Affordability , After Stock Prices Drop.
ABC reports that McDonald's has come under
fire by customers angry over recent increased
menu prices, which has prompted the CEO
to..
Credit: Wibbitz Top Stories Duration: 01:31Published
In a historic shift in global markets, investors are pulling billions of dollars from China's economy, marking a turning point after two decades of considering China as the world's premier growth..