U.S. stocks slipped Thursday morning after a reading of fourth-quarter GDP came weaker than previous readings but hotter than Wall Street estimates. The report comes as stocks had been under pressure after denuclearization talks between President Donald Trump and North Korean leader Kim Jong Un broke down. The Dow Jones Industrial Average DJIA, -0.07% was flat at 25,982, the S&P 500 index SPX, -0.17% declined by 0.1% at 2,789, while the Nasdaq Composite Index COMP, -0.33% retreated 0.
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Stocks under pressure | Trump cuts summit short | GDP data setStock futures are pointing to another lower Wall Street open, following a mixed Wednesday session. TrumpFail The media is so funny. After all the leftist media piles on trump would one think that Kimmy might think trump will be gone shortly and he can go back to building and testing nukes with the next president who most likely will be weak.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks little changed despite stronger-than-expected GDPStocks were little changed at Thursday's open as stronger-than-expected economic data were offset by talks between President Donald Trump and North Korean leader Kim Jong Un falling through. It’s amazing how you’re still trying to connect real world events with financial markets performance. Global depression in December and best time ever since then? No deal is better than a bad deal..... too bad feckless Obama did not think the same way All of the Mainstream media was hoping Trump would cave. Today they make the best of their sincere disappointment.
Source: CNBC - 🏆 12. / 72 Read more »
Economy slows to 2.6% in fourth quarter, GDP shows, but it still shows lots of muscleA slumping housing market and bigger trade deficit softened up the economy in the final three months of 2018 after a torrid spell of growth last spring and summer, but consumers and businesses still showed plenty of resilience. GDP grew 2.6% in the fourth quarter and 2.9% for all of 2018.
Source: MarketWatch - 🏆 3. / 97 Read more »
Trump-Kim summit fizzles; AB InBev surges; US GDPToday’s top business headlines with ChristineRomans before the opening bell on Wall Street: ChristineRomans El que se pospusieran los aranceles a China, es un buen comienzo para los mercados.
Source: CNN - 🏆 4. / 95 Read more »
Economy slows to 2.6% in 4th quarter, GDP shows, but consumers and businesses show plenty of resilienceA slumping housing market and bigger trade deficit softened up the economy in the final three months of 2018 after a torrid spell of growth last spring and summer, but consumers and businesses still showed plenty of resilience. GDP grew 2.6% in the fourth quarter and 2.9% for all of 2018. Uh, 2018 was 3%+GDP. Best since 2005 actually. well noted marketwatch “was” Q3 was peak. Now we roll down the Rate of Change sine curve as we compare against 2018 & two-year average.
Source: MarketWatch - 🏆 3. / 97 Read more »
Black market and illegal dealing now accounts for 20% of Russia's GDP: ReportThe Russian black market is the same size as its total federal spending budget for 2019. BlackMarket in U.S. is a smaller percent of a larger GDP but it is bigger dollar-volume BlackMarket than Russia's, yes? And Putin used his dark money to establish a shadow economy in America. A criminal state, and Stump praises him, wants to be like him. This is what racism gets you, incompetent crooked people where they should never be.
Source: Newsweek - 🏆 468. / 52 Read more »