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Daily U.S. Stock Market Highlights (Tuesday, September 17)

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2024-09-17 20:53:11
< br > < b > IMPORTANT NEWS < br > < span class = "section-news" > 1. U.S. retail sales recorded a monthly rate of 0.1% in August, above expectations of -0.2%. < br > < b > Individual Stock News < br > < span class = "section-news" > 1. Microsoft (MSFT. O) approves a new $60 billion share repurchase program while declaring a quarterly dividend of $0.83 per share. < br > < span class = "section-news" > 2. Intel (INTC. O) announced that it will further cut costs and further separate its chip manufacturing and design businesses, reaching a multi-billion dollar deal with AWS. < br > < span class = "section-news" > 3. Salesforce (CRM. N): Announces new $500 million artificial intelligence fund, bringing its total commitment to artificial intelligence innovators to $1 billion. < br > < span class = "section-news" > 4. Boeing (BA. N) announces hiring freeze and consideration of unpaid leave to cut costs. < br > < span class = "section-news" > 5. Meta Platforms (META. O) announces ban on Russian media such as Russia Today from using its app platform.