Stocks fell hard on Thursday as investors digested the latest round of economic and earnings data. Before the open, stock futures were lower after the Bank of Japan (BOJ) decided to do nothing at their latest meeting. Some investors wanted to see them do more, hence the initial sell-off. At 8:30am EST, the government said…
GDP Continues Trending Lower… GDP figures mark third straight sluggish start to a year The U.S. economy expanded in the first quarter at the slowest pace in two years as American consumers reined in spending and companies tightened their belts in response to weak global financial conditions and a plunge in oil prices. Gross domestic…
Highlights: 1. Market Wrap 2. Gary takes a closer look at earnings for you 3. Find out what areas are front and center on Gary’s radar 4. Gary talks Central Banks
http://www.foxbusiness.com/markets/2016/04/26/april-consumer-confidence-falls-more-than-expected.html
http://www.reuters.com/article/us-usa-fed-idUSKCN0XO09O
http://www.foxbusiness.com/markets/2016/04/26/case-shiller-u-s-home-price-growth-continued-in-february.html
http://www.foxbusiness.com/features/2016/04/27/report-body-found-in-conference-room-at-apple-hq.html
http://www.reuters.com/article/us-mitsubishimotors-regulations-finance-idUSKCN0XO0T8
http://www.foxbusiness.com/markets/2016/04/26/march-durable-goods-orders-rise-less-than-expected.html
Stocks opened lower but closed mixed on Wednesday after the Fed reiterated its easy money stance and investors digested a slew of earnings data. Separately, Crude oil hit a fresh high for 2016 which helped a slew of energy stocks continue to rally. On the economic front, pending home sales came in at 1.4%, beating…
