5 things to know before the stock market opens Friday
Publishing timestamp: 2024-02-09 07:32:49
Summary
The S&P 500 crossed 5000 for the first time, but closed just below that mark. The Dow Jones Industrial Average also reached a new record. Pinterest reported weaker-than-expected earnings and revenue, but recovered slightly after announcing a partnership with Google. PepsiCo topped earnings estimates but had a slight decline in year-over-year revenue. Google rebranded its AI chatbot to Gemini and introduced a subscription option. Cocoa prices are at all-time highs due to bad weather in West Africa. Delta Air Lines is introducing a "premium" tier of lounges to address overcrowding.
Sentiment: MIXED
Tickers: .DJI, PINS, .SPX, PEP, .IXIC, DAL, GOOG,
Keywords: economy, s&p 500 index, business news, investment strategy, dow jones industrial average, ivory coast, nasdaq composite, los angeles, business, markets,