Dow slides 226 points as record GDP plunge offsets pre-earnings tech rally | Markets Insider

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Dow slides 226 points as record GDP plunge offsets pre-earnings tech rally

are slated to release their quarterly figures after the close, offering investors insight into how the most crowded growth stocks held up through the pandemic. The four tech giants all erased early losses and traded higher through the day as investors braced for the reports.after steadily declining for four months. Claims rose by 12,000 to 1.43 million in the week ended on Saturday, the Labor Market said Thursday. Economists expected a larger increase to 1.

Continuing claims, which track Americans already receiving unemployment benefits, climbed by 867,000 to 17.06 million in the week ended July 18.200-plus money managers pay thousands to set eyes on Jim Osman's stock buy list. Here are 2 he says are set to soar - and an under-the-radar IPO to keep a watch on

"Investors should be prepared for a choppy process of data digestion, but not be surprised that the market feels the future is better than the present and that unprecedented stimulus and liquidity exist to drive valuations," David Bahnsen, chief investment officer of financial planning firm The Bahnsen Group, said in a note.

 

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