Post by Murph on Apr 26, 2024 7:00:09 GMT -6
Dow Jones Dives 650 Points On Weak GDP Data; Meta Plunges 16% On Earnings
The Dow Jones Industrial Average took a dive along with other major stock indexes Thursday, as Wall Street reacted to weak first-quarter GDP data. Meanwhile, Magnificent Seven player Meta Platforms plunged on first-quarter earnings results. Next up, Google-parent Alphabet and Microsoft are due to report after the close on the stock market today.
Please watch the video at Investors.com - Nasdaq Fades After Strong Start; Hubbell, Ingersoll Rand, NTRA In Focus
The Dow Jones Industrial Average tumbled 1.7%, or 650 points, in in morning action as the S&P 500 lost 1.4%. The tech-focused Nasdaq composite sold off 1.9% after the opening bell.
www.msn.com/en-us/money/markets/dow-jones-dives-650-points-on-weak-gdp-data-meta-plunges-16-on-earnings/ar-AA1nE90w