Stocks and Bonds Tumble on Worries of Slower Growth and Firm Inflation
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Slowing growth in the U.S. economy and stubborn inflation drove down markets. The price tag on Meta’s planned AI investments drags down tech stocks. Alphabet to issue its first dividend. Microsoft earnings beat expectations. Danny Lewis hosts.
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Plus: Apple shares rise 6% after the iPhone maker predicted a rise in sales this quarter. Shares of travel booking site Expedia fell 15% after reporting disappointing results. J.R. Whalen reports.
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Published 05/03/24
Published 05/03/24
Plus: The Eurozone’s unemployment rate held steady at a record low in March. Israel has given Hamas one week to accept a cease-fire deal. J.R. Whalen reports.
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Published 05/03/24
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