- Investor's Business Daily
Dow Jones Futures Rise; Microsoft, Google Jump After Market Rally Shows Resilience
Microsoft and Google jumped on earnings late after the market rally attempt showed resilience Wednesday amid Meta's sell-off.
- Reuters
US STOCKS-Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
Wall Street stocks closed lower on Thursday as markets were stunned by data showing slower-than-expected U.S. economic growth and persistent inflation, coupled with a sell-off in large cap stocks triggered by disappointing results from Meta Platforms. Three other Magnificent Seven stocks, including Alphabet, Amazon.com and Microsoft, finished lower. However, shares of Alphabet and Microsoft were advancing in extended hours trading after both companies reported quarterly results that beat Wall Street estimates.
- Barrons.com
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 S&P 500 was off 0.5%, while the tech-heavy Nasdaq Composite declined 0.6%. Both the S&P 500 and the Nasdaq broke their three-day winning streaks.
