Stock market live updates: Dow slips 350, record GDP contraction, Big Tech earnings on deck

📆 7/30/2020 10:40 AM
📰 CNBC

⏱ Reading Time:
1 sec. here
2 min. at publisher
📊 Quality Score:
News: 4%
Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Stocks moved lower out of the gate today as investors digested the 32.9% drop in GDP during the second quarter. Follow along with the latest stock market updates here:

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:

Write Comment

Down over 40% from where we usually are, recession confirmed, and we're still holding at these prices? What's it going to take to realize we are facing the worst economic disaster ever? A vaccine distributed today isn't going to turn this around. Big Short Part 2...

That’s an annualized number not a quarterly number

Holy shit. The GDP fell by 32.9% in the 2nd quarter. That is another record set by Trump. Trump is going to collapse the entire economy. Other countries didn't fall that far. But we have Trump.

Meant, back at the ranch, Trump musing about delaying the election to stay in office longer. Covid raging GDP down 33% Race relations at its worst Unemployment at it’s highest Trump is insane.

32.9% annualized. But anything to get Senile Joe elected right

United States United States Latest News, United States United States Headlines

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

Dow gains 163 points following Fed meeting, Big Tech testimony - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »