Economists polled by Reuters had expected growth to flatten, after the economy expanded by 0.4% in March.
Stocks making the biggest moves after hours: Oracle, Rentokil, Rubrik and more
These are the stocks posting the largest moves in extended trading.
Fed meeting and inflation report both hit Wednesday, and the impact could be huge
A one-two punch starts in the morning with the pivotal consumer price index reading for May, ending with the Fed’s policy meeting in the afternoon
Stocks making the biggest moves midday: Affirm, General Motors, Apple and more
These are the stocks posting the largest moves in midday trading.
Affirm buy now, pay later loans will be embedded into Apple Pay later this year
Affirm will surface as an option for U.S. Apple Pay users on iPhones and iPads later this year.
Stocks making the biggest moves premarket: Eli Lilly, General Motors, Shopify
These are the stocks posting the largest moves in premarket trading.
Baltimore key shipping channel fully reopens after Francis Scott Key Bridge collapse
The main shipping channel into the Baltimore port was fully restored for commercial transit, after the March 26 collapse of the Francis Scott Key Bridge.
Home equity is near a record high. Tapping it may be tricky due to high interest rates
Consumers are sitting on ample housing wealth. High interest rates make it difficult to access.
GameStop shares slide 16% following Friday’s 40% sell-off
The video game company’s stock declined to just below $24 apiece on Monday after falling nearly 40% on Friday alone.
Opinion: The elements for a big stock market drop are aligning. Here’s why investors shouldn’t panic
It’s always helpful to examine the elements that foster a crash.