Tech Slump and Weak US GDP Growth Cause Stocks to Fall
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#6e7e7fa5 ver:0.37
Tech slump and weak US GDP growth cause stocks to fall. US GDP grew at 1.6% in Q1, below expectations of 2.4%, raising concerns about the economy. Meta's weak revenue also contributed to the decline. Inflation remains high, impacting expectations for Fed rate cuts. Dow Jones fell 1.5%, S&P 500 dropped 1.3%, and Nasdaq Composite slumped 1.9%. Uncertainty ahead due to delayed rate cuts and potential headwinds for consumption and growth. #StockMarket #USGDP #Inflation #TechSlump...
#newstr #UsStockMarket #GdpGrowth #FederalReserve #Inflation #TreasuryYield #FacebookParentMeta #TechSector #JapaneseYen
https://here.news/story/6e7e7fa5?ver=0.37
Wall Street Stumbles as US Economic Growth Slows and Inflation Persists /
npub1mq…vlf7g
2024-04-25 15:13:31
Author Public Key
npub1mqaggs4w3h8juznnsst08lgzjcmy34upcznxn2tm6juzv0ttp7qqrvlf7gPublished at
2024-04-25 15:13:31Event JSON
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"content": "Tech Slump and Weak US GDP Growth Cause Stocks to Fall\n===============\t\n#6e7e7fa5 ver:0.37\n\nTech slump and weak US GDP growth cause stocks to fall. US GDP grew at 1.6% in Q1, below expectations of 2.4%, raising concerns about the economy. Meta's weak revenue also contributed to the decline. Inflation remains high, impacting expectations for Fed rate cuts. Dow Jones fell 1.5%, S\u0026P 500 dropped 1.3%, and Nasdaq Composite slumped 1.9%. Uncertainty ahead due to delayed rate cuts and potential headwinds for consumption and growth. #StockMarket #USGDP #Inflation #TechSlump...\n\n#newstr #UsStockMarket #GdpGrowth #FederalReserve #Inflation #TreasuryYield #FacebookParentMeta #TechSector #JapaneseYen \n\n https://here.news/story/6e7e7fa5?ver=0.37",
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