Stock futures fall as Meta Platforms shares sell off after earnings: Live updates
Publishing timestamp: 2024-04-25 08:07:50
Summary
Stocks tumbled on Thursday after U.S. economic data showed a sharp slowdown in growth and persistent inflation. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all dropped. Meta Platforms plunged after issuing weak revenue guidance, while other big tech companies like Microsoft and Alphabet also saw declines. Semiconductor ETFs performed well, with Nvidia leading the group higher. The disappointing GDP report raised concerns about the market's future performance.
Sentiment: NEGATIVE
Tickers: @ND.1, .IXIC, MNST, .DJI, AMZN, MSFT, CAT, .SPX, META, @DJ.1, IBM, @SP.1, NVDA, AMD, GOOGL, VSCO, US10Y,
Keywords: u.s. 10 year treasury, meta platforms inc, stock markets, breaking news: markets, business news, wall street, amazon.com inc, international business machines corp, monster beverage corp, alphabet inc, investment strategy, nasdaq composite, s&p 500 index, microsoft corp, victoria's secret & co, markets, caterpillar inc, dow jones industrial average,
Source: https://www.cnbc.com/2024/04/25/stock-market-today-live-updates.html