2024-05-30 12:09:00 ET
Summary
- Q1 GDP revised down to 1.2%, Core PCE prices down to 3.6%; Weekly initial jobless claims rose to 219k.
- Salesforce stock slumps after posting its first revenue miss since 2006.
- Check out Goldman's report on what 150 years of economic scenarios mean for 60/40 portfolios.
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Q1 inflation was also revised lower , cheering rate doves. (0:16) Analysts defend Salesforce after first revenue miss since 2006 . (2:02) Is the 60/40 portfolio back? (4:17) ...
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Wall Street Lunch: U.S. Econ Data Gives Doves A Small Boost