US Stock Market Live: Dow futures fall 300 points after GDP shrinks 0.3% in Q1

4 hours ago

HomeMarket NewsUS Stock Market Live: Dow futures fall 250 points after GDP shrinks 0.3% in Q1

US Stock Market Live: US stock futures are showing no signs of moving in either direction, continuing to trade in a narrow range ahead of a slew of macro data and earnings which will be reported in a few hours from now. The Dow futures are swinging between losses of 50 points and gains of a similar quantum. Watch this space for all the live updates.

 Dow futures fall 250 points after GDP shrinks 0.3% in Q1

US Stock Market Live: US stock futures are showing no signs of moving in either direction, continuing to trade in a narrow range ahead of a slew of macro data and earnings which will be reported in a few hours from now. The Dow futures are swinging between losses of 50 points and gains of a similar quantum. The S&P 500 and Nasdaq futures are also trading at the flat line ahead of the major announcements. Earlier, Chinese industrial activity fell to a two-year low. European markets are trading with modest gains so far with Stellantis joining the list of companies that have suspended their full-year guidance due to the ongoing tariff uncertainties. However, the Euro Zone economy expanded at 0.4% during the first quarter, which is better than estimates. The US Dollar, after briefly slipping below 99 on Tuesday, is back above 99.5. Brent remains below $63 a barrel on fears of more output hikes, while profit booking continues in Gold, with prices slipping below $3,300 an ounce. Watch this space for all the Live updates.

Read Full Article at Source