Stock Market Today: Stocks slide after GDP report prompts inflation, growth concerns
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Stocks fell on Thursday after a sharply lower-than-expected reading on US GDP for the first quarter ratcheted up questions about the health of the US economy in the face of persistently high interest rates. Meanwhile, Meta's revenue forecast rattled tech investors eyeing the next high-stakes megacap earnings.
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In the week ahead, the earnings flow will remain steady but slow down while the week's economic calendar should be among the year's quietest.
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Published 05/06/24
US stocks surged on Friday, as upbeat earnings from Apple lifted spirits and a weaker-than-expected jobs report revived bets that the Federal Reserve could cut interest rates sooner than thought.
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Published 05/03/24
Published 05/03/24
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