Reported about 13 hours ago
U.S. stocks managed to regain some losses on Wednesday, despite initial declines due to reports of the economy contracting for the first time since 2022. Specifically, inflation-adjusted consumer spending increased in March, providing some optimism amidst concerns about rising tariffs. Major companies like Microsoft and Meta are expected to report earnings, while Visa reported strong Q2 results despite a premarket stock dip, and Starbucks faced challenges with sales declines.
Source: YAHOO