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Stock market today: Stocks slide after GDP report prompts inflation, growth concerns

Meta's AI reality check has dented hopes for a Big Tech revival for stocks, with a GDP update showing the US economy grew slower than expected in the first quarter.

UPI News on MSN · 5h

Stocks plummet on report U.S. GDP growth slowed to 1.6% in first quarter

U.S. gross domestic product slowed to a lower than expected 1.6% in the first quarter, according to a Thursday Bureau of Economic Analysis report. In the fourth quarter 2023 It was 3.4%.

Honolulu Star-Advertiser · 3h

U.S. growth slowed sharply last quarter to 1.6%

WASHINGTON >> The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid pace.

2hon MSN

9 Stocks That Thrive When Interest Rates Are Higher

T he prospect of elevated interest rates for longer has dented the broader stock market—but history shows that is also the ...

1hon MSN

Billionaire 'bond king' Bill Gross tells investors to avoid tech and stick to value stocks

Billionaire "bond king" Bill Gross told investors to avoid tech stocks and stick to value stocks. Microsoft is the only buy ...

Stock market today: US stocks tumble after Meta's reality check, soft GDP print

Meta's AI reality check has dented hopes for a Big Tech revival for stocks, with a GDP update showing the US economy grew ...

4hon MSN

The timing may be just right to buy Nvidia or other semiconductor stocks

So far this year, the PHLX Semiconductor Index has increased 8.7% (with dividends reinvested), but it has declined 7.7% in ...

3 Blue-Chip Dividend Stocks to Buy That Trade at a P/E of Less than 10

InvestorPlace - Stock Market News, Stock Advice & Trading Tips I continue to be optimistic on the upside potential for ...

Money Morning2h

Three Stocks: Meta, Snap, and Amazon

Explore in-depth analysis as Meta (META) overshoots EPS expectations yet faces a downturn due to increased spending forecasts ...

2hon MSN

Cannabis stocks outperform as pressure mounts on DEA to reschedule marijuana

Cannabis stocks have outperformed the market as the DEA faces pressure to reschedule marijuana. Read more here.

A couple that grew their portfolio by $4 million in 11 years explain how they invest their money, including the individual stocks they own

Before Carl and Mindy Jensen discovered the FIRE movement, they didn't know what index funds were. Now, it's a core part of ...

15m

Stocks Fall as Outlook for Rate Cuts Looks Delayed

The major U.S. indexes fell on Thursday, as investors found risks to the inflation outlook in the latest economic data. The Dow Jones Industrial Average fell 375 points, or 1%. The S&P 500 was off 0.5 ...

Retail Traders Are Turning Pessimistic on Stocks for First Time Since November

Individual investors are pessimistic that the US stock market can bounce back after stumbling in April with inflation ...

The Top 3 Small-Cap Stocks to Buy in April 2024

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Higher interest rates, pricier debt and an overemphasis on ...

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