Wall Street stocks fall as weak GDP growth spreads rate-cut gloom

NEW YORK -Wall Street stocks fell on Thursday as markets were stunned by data showing slower-than-expected U.S. economic growth and persistent inflation coupled with a sell-off in large cap stocks triggered by disappointing results from Meta Platforms index, the Fed's preferred inflation gauge, is due on Friday.

Rising gold prices helped Newmont, the world's largest bullion miner, to report first quarter profit that beat estimates. Its shares were up nearly 13%. The S&P 500 posted 13 new 52-week highs and seven new lows while the Nasdaq recorded 33 new highs and 183 new lows.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stock market today: Tesla cruises higher as most of Wall Street drifts in mixed tradingU.S. stocks drifted to a mixed finish Wednesday as Wall Street’s momentum eased following some sharp swerves.
Herkunft: latimes - 🏆 11. / 82 Weiterlesen »

Tesla stock targets slashed across Wall Street after earnings missTesla stock targets slashed across Wall Street after earnings miss
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

Stock market today: Wall Street rallies again to erase more of April’s lossesU.S. stocks rallied for a second straight day Tuesday to blunt the blow of what’s been a rough April. The S&P 500 made back ground after a losing streak.
Herkunft: latimes - 🏆 11. / 82 Weiterlesen »

Stock market today: Wall Street rallies and adds to its hot start to the weekStocks are rallying on Wall Street and adding to their hot start to the week. The S&P 500 was up 1.1% Tuesday, pulling further out of the hole created by a six-day losing streak. The Dow Jones Industrial Average was up 240 points, and the Nasdaq composite rose 1.5%. A flood of earnings reports is dictating trading.
Herkunft: AP - 🏆 728. / 51 Weiterlesen »

Stock market today: World stocks track Wall Street gains ahead of earnings reportsGlobal markets are mostly higher after U.S. stocks clawed back some of their losses from last week.
Herkunft: wjxt4 - 🏆 246. / 63 Weiterlesen »