April 5, 2024

Markets Now Friday, April 5, 2024

Analysis: The stock market rally is sputtering. Earnings season could revive it

Stocks have been tumbling this week. Investors are hoping the upcoming earnings season will help bring back this year’s banner rally.  
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Trump Media stock sinks to post-merger low

Shares of Truth Social owner Trump Media & Technology Group tumbled 12% on Friday, sinking to their lowest level since the company went public last week.  
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Why you can, and should, ignore that 9pm email from your boss

Back in 2017, when France rolled it out the world’s first “right to disconnect” law — making it illegal for the boss to email workers after hours — Americans responded the way we always do when the French do something cool: Shake our heads at how soft they are while secretly wishing we could do the same thing. (See also: drinking wine at lunch, retiring at 62, national health care.)  
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8.2 million packets of Tide, Gain, Ace, and Ariel detergent pods recalled over faulty packaging

Millions of packets of popular laundry detergent pods made by Procter & Gamble have been recalled due to faulty packaging, which poses a serious risk of accidental ingestion by young children and may cause facial injuries, the US Consumer Product Safety Commission said Friday.  
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UAW reaches milestone in filing for a union vote at second nonunion auto plant

The United Auto Workers union’s effort to organize the American plants of foreign automakers just took major step forward as it filed for a representation election for the Mercedes plant in Alabama, the second automaker at which the union has filed for an election in the last month.  
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Caitlin Clark will head to the WNBA at a critical moment for the league

Tiger Woods did it for pro golf. Serena and Venus Williams did it for women’s tennis. Michael Jordan did it for the NBA.  
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Source: CNN Business

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