Global Stocks Slip Ahead of U.S. Economic Data

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Global stocks fell ahead of data that is likely to show the U.S. economy shrank during the second quarter at the steepest pace since World War II

Global stocks fell Thursday ahead of data that is likely to show that the U.S. economy shrank during the second quarter at the steepest pace since World War II, providing fresh insight into the damage wrought by the coronavirus pandemic.

Futures tied to the S&P 500 traded down 0.8%, suggesting that U.S. stocks may decline after the opening bell. The pan-continental Stoxx Europe 600 slipped 0.6%. Most major Asian stock benchmarks dropped by the close of trading.

 

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Just what Leftists want.

What? Is that really the logic? People didn't know, one week ago, two weeks ago, a month ago, that today a super bad GDP number is gonna be published

GOP will spend another trillion $$ in debt to buy up stocks...

It is no coincidence this recession began when biden wrapped of the democrat primary. The markets are just reacting and showing us how devastating a democrat presidency would be.

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