>>Trading Week Begins
(New York, NY) -- The opening bell rings this morning as a fresh trading month kicks off on Wall Street. As trading came to a close Friday, tech shares took a hit with Tesla, Microsoft, Meta and Nvidia struggled in choppy trading. Still, all three major bench marks posted their sixth positive month in the last seven. At the closing bell, the Dow Jones Industrial Average gained 574 points to 38-686. The S&P 500 rose 42 points to 52-77. The Nasdaq lost 2 points to 16-735.
>>Coming Up This Week In Business News
(Undated) -- There are a number of things to keep an eye on in the business week ahead. Reports start rolling in today with auto sales and construction spending data. Word on job openings follows the next day with ADP then releasing its employment report on Wednesday along with the latest stats on the U.S. trade deficit. Weekly jobless claims are due Thursday with most analysts expecting a slight decline. Things wrap up next Friday with the monthly jobs report, expected to show around 178-thousand new jobs created in May and the unemployment rate holding steady at three-point-nine percent.
>>Price Caps On Inhalers
(Undated) -- Millions of people can expect to benefit from price caps on asthma and COPD inhalers. A number of drug companies have agreed to limit out-of-pocket costs to 35 dollars a month. The move comes after a similar welcome step by insulin manufacturers last year that also set price caps.
>>Stop & Shop Plans To Close Underperforming Stores In Northeast
(Undated) -- Folks in the New York metropolitan area who frequent a Stop and Shop supermarket may soon have to find a new place to buy their groceries. Officials at the parent company of the Massachusetts-based supermarket chain recently announced plans to close a number of underperforming stores in the Northeast. Stop and Shop currently operates around 400 stores in New York, New Jersey, Connecticut, Rhode Island and Massachusetts, including dozens on Long Island and in the Hudson Valley. Exactly which stores would be closing and when they would close, was not announced.
>>"The Garfield Movie" Tops Weekend Box Office
(Hollywood, CA) -- "The Garfield Movie" is dominating the box office . The family film based on the iconic comic strip grossed an estimated 14-million-dollars. Another family film finished second, with "IF" grossing ten-point-eight-million-dollars. Meanwhile, the latest entry in the "Mad Max" series, "Furiosa," finished with a disappointing haul of ten-point-seven-million-dollars in its second weekend of release. "Kingdom of the Planet of the Apes" finished fourth with eight-point-eight-million and "The Fall Guy" finished fifth with four-point-two-million.
