3.8 • 1.6K Ratings
🗓️ 27 April 2024
⏱️ 4 minutes
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0:00.0 | Net Suite by Oracle brings accounting, finance, inventory, and HR into one proven platform, helping you reduce costs everywhere. |
0:09.0 | Back by popular demand, Net Suite is extended its one-of-a-kind flexible financing program for a few more weeks. |
0:15.8 | Head to Netzweed.com. |
0:17.6 | Wall Street. |
0:18.6 | Hey listeners, it's Saturday, April 27th. I'm Charlie Grant for the Wall Street |
0:25.3 | Journal filling in for Francesca Fontana and this is what's news in |
0:29.5 | markets our look at the biggest stock moves of the week and the news that drove them. |
0:34.0 | Let's get to it. |
0:35.0 | The stock market was fairly calm for the first half of the week. |
0:38.0 | Then things got a little wild. |
0:40.0 | First, Facebook Parent Metaf platforms tumbled after disappointing earnings, helping spark a tech sell-off. |
0:45.0 | Then Thursday morning, first quarter gross domestic product came in at just 1.6%, nearly a full percentage point below Wall Street expectations. |
0:53.0 | Worse, inflation came in higher than expected for a third month in a row, |
0:57.0 | putting investor hopes of interest rate cuts seemingly out of reach. |
1:01.0 | Stocks had an ugly spill on Thursday morning. At one point the |
1:03.8 | Nasdaq was down by more than 2%. But the plot had another twist, this time |
1:08.2 | for the better. Strong earnings from Google Parent Alphabet and Microsoft |
1:11.7 | helped brighten the mood. |
1:12.8 | The Nasdac, Dow Jones, and S&P 500 all finished the week with a bang. |
1:16.8 | S&P 500 and Nasdek each had their best week since November. |
1:20.5 | Still, April is shaping up to be a soggy month overall. |
1:23.5 | All three major indexes are down 2% or more in April, |
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