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Quarterly results signal pullback from bumper earnings in past two years
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Dow futures up 130 points as stocks march higher after PCE inflation data MarketWatchKey Fed inflation measure rose 2.8% in March from a year ago, more than expected CNBCInflation's Last-Mile Problem City JournalUS inflation rises in line with expectations; consumer spending strong ReutersFed's favorite inflation gauge rises faster than expected in March
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Wang Yi tells Antony Blinken not to step on China's red lines BBC.comXi and Blinken Trade Small Nods Over a Large Gap The New York TimesUS-China talks start with warnings about misunderstandings and miscalculations The Associated PressChina warns U.S. of 'downward spiral' as Antony Blinken meets with Xi Jinping NBC NewsUS threatens new China sanctions over supplies to Russian arms industry The Guardian US
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TikTok will not be sold, Chinese parent ByteDance tells US BBC.comExclusive: ByteDance prefers TikTok shutdown in US if legal options fail, sources say ReutersWhat is a 'tradwife,' and why are they so popular? : It's Been a Minute NPRBiden has passed a potential TikTok ban into law. Here's what that means and what to expect The Associated Press'Lost touch with reality': How TikTok's vaunted lobbying operation went wrong POLITICO
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It's not just a pandemic stock.
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Microsoft, Alphabet earnings show AI is more than just hype Yahoo FinanceStocks making the biggest moves midday: MSFT, GOOGL, XOM, SNAP CNBCEarnings from social and search players signal that AI will be a long-play investment DigidayStock Market Today: Dow, S&P 500, Nasdaq Climb Higher; PCE Inflation Hits 2.7% -- Live Updates The Wall Street JournalStock market today: Stocks build on tech-fueled jump as market takes PCE in its stride Yahoo Finance
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The core personal consumption expenditures price index was expected to increase 2.7% from a year ago in March, according to the Dow Jones consensus estimate.
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China's Xi will meet U.S. Secretary of State Antony Blinken in Beijing CNBCChoose between stability and ‘downward spiral' China's foreign minister tells Blinken during Beijing trip CNNBlinken to Meet Xi Jinping in Beijing, US State Department Confirms Bloomberg'Negative' factors building in US-China ties, foreign minister Wang tells Blinken ReutersXi Is Meeting Blinken With Tough Issues on the Agenda The New York Times
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Sit down for this one, Southwest Airlines travelers: The airline carrier with a distinct seating policy has suggested it's rethinking its approach.
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Stocks fell Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.
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