Markets Now Friday, April 12, 2024

Dow closes nearly 500 points lower on fears of potential Iranian attack on Israel

US stocks ended the day sharply lower Friday as Wall Street worried about escalating tension in the Middle East and traders rushed to safe havens like bonds and gold.  
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Boeing CEO’s penchant for cost-cutting doesn’t apply to his trips on the company jet

When it comes to building planes, Boeing CEO Dave Calhoun is all about streamlining costs. An accountant by training, Calhoun has prioritized fiscal discipline over his four years at the helm, tightening the belt to free up cash flow and put the company on better financial footing.  
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Jamie Dimon says chance of a bad economy is ‘higher than other people think’

JPMorgan Chase, the largest bank in the United States, kicked off earnings season Friday with a beat, but also a warning about geopolitical threats that could hurt the global economy.  
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Energy stocks are hot again. The rally could have more fuel to burn

Energy stocks are back in vogue.  
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4-day workweeks may be around the corner for a third of America’s companies

Burnout is such a problem for workers that some bosses are considering shrinking the length of the workweek.  
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Some Trump stock investors have already lost half their money

Shares of Trump Media & Technology Group are in free-fall.  
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Source: CNN Business

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