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US stocks closed lower Thursday after the latest GDP report showed that US economic growth slowed to 1.6% in the first quarter of the year, a much weaker pace than expected.
US real GDP increased at an annual rate of 2.8% in the third quarter. Wall Street is bracing for more tech earnings, with Meta due to report after the closing bell.
The jobs report is a snapshot of the U.S. labor market for the prior month and shows the number of jobs the U.S. economy added, the unemployment rate, and other important metrics like monthly wage ...
Sales of new homes rose 2.3% last month to a seasonally adjusted annual rate of 616,000, according to a report Thursday from the Census Bureau, while mortgage rates slipped to 6.13%, per Freddie Mac.
Here's why tomorrow could be a big day for the stock market. Important economic data At 8:30 a.m. tomorrow, the U.S. Bureau of Labor Statistics will release its monthly nonfarm payrolls report for ...
That puts the stock market in a precarious position. Expectations regarding rate cuts could change based on an important economic data point that will be published on Wednesday, Nov. 27.
U.S. stocks were mixed Thursday as investors braced for another batch of tech earnings from Amazon and Apple and dissected a better-than-expected U.S. GDP report.The Dow Jones Industrial Average ...
And as a Fed meeting and monthly job reports are due in the coming week, the downside risk in stocks remains substantial, Sosnick warned, pointing out that the market fell 4%-5% but didn't ...
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