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Tech Reverses US Stock Losses as Treasuries Drop: Markets Wrap

(Bloomberg) -- Stellar earnings reports from Microsoft Corp. and Alphabet Inc triggered an after-hours tech rally that sent US futures higher. A selloff in Treasuries drove benchmark yields to new highs for the year.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig Tech Surges in Late Hours on Blowout Earnings: Markets WrapJavier Milei Fuels Wild Rally That Makes Peso No. 1 in Wor

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Big Tech Surges in Late Hours on Blowout Earnings: Markets Wrap

(Bloomberg) — The world’s largest technology companies soared in late trading as stellar results from Microsoft Corp. and Google’s parent Alphabet Inc. fueled confidence in Wall Street’s most-influential group. A $250 billion exchange-traded fund tracking the Nasdaq 100 (ticker: QQQ) climbed 1.2% after the close of regular trading. In a sigh of relief to investors…

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Asian Tech Stocks Gain, Yen in Range Before BOJ: Markets Wrap

(Bloomberg) — Asian technology shares rose following stellar earnings reports from Microsoft Corp. and Alphabet Inc. after US markets closed. The yen traded in a narrow range before a Bank of Japan policy decision. Equity benchmarks in Japan and South Korea both rose, with the latter helped by Samsung Electronics Co. Those in China and…

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Asian Tech Stocks Gain, Yen Drops on BOJ Rate Hold: Markets Wrap

(Bloomberg) — Asian technology shares rose following stellar earnings reports from Microsoft Corp. and Alphabet Inc. overnight. The yen weakened to a fresh 34-year low after the Bank of Japan kept its key interest rate unchanged. A gauge of the region’s equities headed for its best week since November, helped by gains in tech giants…

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Tech Reverses US Stock Losses as Treasuries Drop: Markets Wrap

Tech Reverses US Stock Losses as Treasuries Drop: Markets Wrap
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U.S. GDP slows sharply | Windsor Star

Markets pulled back across the board after U.S. GDP slowed in the first quarter, but a closely watched inflation reading rose. Keep reading.

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Dow drops more than 600 points on inflation and growth concerns, heads for biggest drop of the year: Live updates

Stocks fell sharply Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.

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Stocks Hit as GDP Brings 'Worst of Both Worlds': Markets Wrap

(Bloomberg) — Wall Street was rattled by data that showed exactly what stock traders did not want to hear: a significant slowdown in the world’s largest economy and persistent inflation pressures. Equities got hit across the board, with the S&P 500 extending its April slide — as the economic figures fueled “stagflation” jitters, bringing even…

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Disappointing Earnings News, GDP Data Weighing On Wall Street

After ending yesterday's lackluster session little changed, stocks have moved sharply lower during trading on Thursday. The major averages have all shown significant moves to the downside after ending Wednesday's session narrowly mixed.

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U.S. GDP slows sharply | Regina Leader Post

Markets pulled back across the board after U.S. GDP slowed in the first quarter, but a closely watched inflation reading rose. Keep reading.

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