US economy grew by just 1.6% in the first quarter, a much slower pace than expected [Yahoo! Finance]
LPL Financial Holdings Inc. (LPLA)
Last lpl financial holdings inc. earnings: 4/30 04:05 pm
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Source: Yahoo! Finance
Economic growth has slowed steadily over the past 12 months, which bodes well for lower interest rates, but the Federal Reserve has made it clear it's in no rush to cut rates. Gross domestic product, which measures all the services and goods produced in the economy, measured an annualized rate of 1.6% in the first quarter, the Commerce Department reported Thursday. It was the weakest pace of growth since the second quarter of 2022 when the economy contracted. That's a steep slowdown from the fourth quarter's 3.4% rate and also below the 2.2% rate economists projected, according to a FactSet poll. The figures are adjusted for seasonal swings and inflation. A sharp increase in imports, which subtracts from GDP, contributed to the slowdown in growth from the fourth quarter, shaving off nearly an entire percentage point. Spending on imports jumped to a 7.2% rate from 2.2% in the fourth quarter. A decrease in inventory investment in the private sector also weighed on the economy ea
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LPLA
News
- China's stock market has staged a big rebound that's poised to push on, strategist says [Yahoo! Finance]Yahoo! Finance
- April US jobs report shows looser labor market, good news for Fed [Yahoo! Finance Canada]Yahoo! Finance Canada
- April US jobs report shows looser labor market, good news for Fed [Reuters]Reuters
- LPL Financial Holdings Inc. Just Recorded A 8.5% EPS Beat: Here's What Analysts Are Forecasting Next [Yahoo! Finance]Yahoo! Finance
- LPL Financial Welcomes Guardian Partners Wealth Management [Yahoo! Finance]Yahoo! Finance
LPLA
Earnings
- 4/30/24 - Beat
LPLA
Sec Filings
- 5/2/24 - Form 10-Q
- 4/30/24 - Form 8-K
- 3/28/24 - Form DEFA14A
- LPLA's page on the SEC website