PTIX - Wall Street Breakfast: What Moved Markets
Listen on the go! A daily podcast of Wall Street Breakfast's Alpha Talks will be available this morning on Seeking Alpha, iTunes, Stitcher and Spotify. Stocks fell broadly Friday, as investors took profits following a flurry of earnings reports, including a blowout quarter from Amazon, and another batch of strong economic data. Stocks finished near session lows after the U.S. government said it would bar most travel between the U.S. and India beginning next Tuesday. Dallas Fed President Robert Kaplan said signs of excess risk-taking in financial markets show it is time for the Federal Reserve to consider reducing its massive bond purchases, echoing earlier comments by Fed Chair Jerome Powell. For the week, the S&P eked out a slim gain while the Dow and Nasdaq fell slightly, but all three benchmarks posted sharp gains for April, with the S&P and Nasdaq both up more than 5% and the Dow
For further details see:
Wall Street Breakfast: What Moved Markets