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Wall St Dips After Weaker-than-Expected GDP, Inflation
US GDP growth slowed to 1.4% in Q4 while December inflation rose, shifting Federal Reserve rate-cut expectations and pressuring major tech and growth stocks.
- In early trading on Friday, U.S. stock markets fell after official data showed slower growth and rising inflation, with eight of 11 S&P sectors declining.
- Amid growing AI fears, technology companies have been pressured in recent months by high valuations and last week, software and real estate sectors were hammered by worries about AI models.
- Market breadth weakened on both the NYSE and Nasdaq as most megacap and growth stocks, including Tesla and Nvidia, traded lower, while the S&P 500 posted new highs alongside new lows.
- Traders repriced expectations after data showed underlying U.S. inflation rose more than expected, and global business activity survey and University of Michigan consumer sentiment data are due later today.
- Legal and private-capital developments could amplify investor caution as the U.S. Supreme Court may force refunds over $US175 billion on President Donald Trump's tariffs, while Akamai Technologies and Blue Owl Capital shares fell sharply.
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15 Articles
15 Articles
saarbruecker-zeitung.deReposted by 
Handelsblatt
HandelsblattThe US economy is growing weaker than expected in the fourth quarter. In the third quarter, the US continued to grow significantly.
Oskaloosa HeraldReposted by 
KULR-TV
KULR-TVUS stocks edge lower after reports show both slowing growth and higher inflation
U.S. stocks are edging lower after reports showed a discouraging combination of slowing growth for the economy and faster inflation. The S&P 500 fell 0.2% early Friday and is close to dropping to a third straight losing week. The Dow…
Times of IndiaReposted by 
The Economic Times
The Economic TimesUS stock markets today: US stocks dip after weaker-than-expected GDP, higher inflation data
US stocks: U.S. stock indexes declined Friday as economic growth slowed more than anticipated in the fourth quarter, while inflation showed an uptick in December. Investors also awaited a Supreme Court ruling on President Trump's tariffs, which could impact over $175 billion in collections if overturned.
·India
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Coverage Details
Total News Sources15
Leaning Left2Leaning Right2Center4Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 25%
C 50%
R 25%
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