U.S. stocks open higher after Meta earnings, GDP data

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

U.S. stocks opened higher Thursday after earnings results from Facebook parent Meta Platforms Inc. and fresh data on economic growth. The Dow Jones...

U.S. stocks opened higher Thursday after earnings results from Facebook parent Meta Platforms Inc.

and fresh data on economic growth. The Dow Jones Industrial Average DJIA was up 0.3% soon after the opening bell, while the S&P 500 SPX rose 0.6% and the technology-heavy Nasdaq Composite COMP gained 0.9%, according to FactSet data, at last check. The U.S. economy grew at a soft 1.1% annual pace in the first quarter, slower than Wall Street analysts’ forecast for 2% growth in gross domestic product.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meta earnings preview: Can Facebook remain resilient amid online-ad downturn?Meta shares have enjoyed a big rally this year, and the company will put its $500 billion-plus valuation to the test Wednesday when it reports results.
Source: MarketWatch - 🏆 3. / 97 Read more »