2024-04-25 12:24:00 ET
Summary
- U.S. Q1 GDP fell to an annual pace of 1.6%, lower than expected, while the core PCE price index rose 3.7%.
- Southwest Airlines posts a slightly wider loss; Altria’s revenue fell 2.5% Y/Y.
- Check out Baird picks within the financial technology, payments, and services subsector.
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GDP +1.6%, the slowest pace in 2 years, as inflation came in hot. (0:16) Wall Street rushes to defend Meta stock. (3:33) Biggest oil ETF sees biggest outflows ever. (4:42)...
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For further details see:
Wall Street Lunch: Here Comes The Stagflation Debate