Previous close | 5,071.63 |
Open | 5,019.88 |
Volume |
Day's range | 4,990.58 - 5,053.15 |
52-week range | 4,048.28 - 5,264.85 |
Avg. volume | 4,039,230,806 |
Fresh data on Thursday showed further signs of sticky inflation, pushing bond yields higher and weighing on stocks.
Meta's AI reality check has dented hopes for a Big Tech revival for stocks, with a GDP update showing the US economy grew slower than expected in the first quarter.
The major stock market averages (^DJI, ^IXIC, ^GSPC) are opening Thursday lower on the first-quarter GDP print and Big Tech stocks earnings results. The Morning Brief's Seana Smith and Brad Smith monitor the market action after the opening bell, while Senior Markets Reporter Jared Blikre takes a closer look at these stocks' performance entering the morning session: Altria Group (MO), Caterpillar (CAT), and Southwest Airlines (LUV). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.