Reported 4 months ago
The article discusses the softer than expected Q1 GDP figures, leading to debates on future Federal Reserve policy decisions, along with a significant 7.7% drop in US pending home sales. Shares of Salesforce (CRM) plummeted after a first quarter revenue miss, impacting the Dow Jones Industrial Average. Despite positive corporate earnings reports, like NVIDIA's, the market did not rally in response, potentially signaling a shift towards macroeconomic factors influencing market behavior instead of individual stock performance.
Source: YAHOO