archiveearnings reports

An update on gross domestic product (GDP) showed a sharp drop in growth with the US economy contracting at an annual rate of 0.3% in the first quarter, according to an advanced estimate released by the US Bureau of Economic Analysis on Wednesday. It was the first negative reading in three years. Economists had expected a drop to 0.1% growth. In the fourth quarter of 2024, real GDP increased 2.4%. The decrease primarily reflected an increase in imports as Trump's tariff push rattled confidence and businesses rushed to stockpile. Along...

Home prices rose again in February as limited supply continued to prop up the market amid high mortgage rates and affordability challenges. The S&P CoreLogic Case-Shiller National Home Price Index rose 0.3% over the prior month in February on a seasonally adjusted basis, easing from the 0.5% monthly gain recorded in January. On an annual basis, prices nationally increased 3.9%, less than the 4.1% seen in January. The index tracking home prices in the 20 largest US cities rose 0.4% in February from January, matching the monthly Bloomberg consensus estimate....

US stock futures fell early Monday as investors prepared for another week of developments on President Trump's fast-moving tariff policies and for the kickoff of Big Tech earnings reports, with Fed independence also looming as an emerging risk for investors to weigh. Futures tied to the S&P 500 (ES=F) were down around 1%, while those on the tech-heavy Nasdaq (NQ=F) fell 1.2%. Dow Jones Industrial Average futures (YM=F) dropped 0.7%. CME - Delayed Quote • USD As of 7:22:46 AM EDT. Market Open. ES=F YM=F NQ=F As Yahoo Finance's Josh...