Wall St gains as upbeat earnings offset economy worries

📆 27-04-23 19:50:00
📰 Reuters

⏱ Reading Time:
8 sec. here
2 min. at publisher
📊 Quality Score:
News: 7%
Publisher: 97%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Wall Street's main indexes rose on Thursday as a slew of strong earnings updates from companies including Meta Platforms, Eli Lilly and Comcast outweighed data showing the U.S. economy slowed more than anticipated in the first quarter.

estimates for quarterly revenue and profit, thanks to sustained demand for its broadband services and higher theme park attendance.U.S. economic growth slowed more than expected in the first quarter as an acceleration in consumer spending was offset by businesses cutting back on inventory investment.

"If we're looking to the future, data does seem to be continuing to weaken. The good news is we do think a recession could be mild."

Écrire un Commentaire

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Microsoft said AI 50 times on its earnings call - Wall Street is thrilledMicrosoft mentioned artificial intelligence 50 times on its earnings call and Wall Street is thrilled
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »