Week in Review: US Growth & Inflation

The Commerce Department’s advanced GDP print released on Thursday showed the U.S. economy grew 1.6% in the January-through-March period (Q1) of 2024, much weaker than was expected and the slowest pace of growth in nearly two years. Economists surveyed by Dow Jones had been looking for an increase of 2.4% following a 3.4% gain in […]

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Week in Review: Higher-for-Longer U.S. Interest Rates

U.S. equities saw their third consecutive week of losses, influenced by concerns over Middle East tensions and enduring high U.S. interest rates. Mega-cap technology shares were hit by rising rates, leading to a higher theoretical discount on future earnings. Additionally, the technology sector was impacted by a first-quarter revenue miss from ASML Holdings, reducing optimism […]

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