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Stockreport

US STOCKS-Wall St falls in lead up to Fed verdict after hot labor costs data [Yahoo! Finance]

GE Aerospace (GE)  More Company Research Source: Yahoo! Finance
Last ge aerospace earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
McDonald's down after rare profit miss Indexes down: Dow 0.57%, S&P 0.13%, Nasdaq 0.07% (Updated at 10:01 a.m. ET/ 1401 GMT) By Shristi Achar A and Shashwat Chauhan April 30 (Reuters) - Wall Street's main indexes fell on Tuesday with caution prevailing ahead of the Federal Reserve's interest-rate decision and as stronger-than-expected labor costs hinted at persistent inflation. U.S. labor costs increased in the first quarter amid a rise in wages and benefits, confirming the surge in inflation early in the year that will likely delay a much-anticipated interest rate cut later in 2024. "This pretty much tells you that the Fed is going to be very reluctant to reduce short-term interest rates in 2024 and that's had the predictable impact on the stock market," said Hugh Johnson, chief economist at Hugh Johnson Economics. "It doesn't really take interest rate reductions off the table, but it does mean that this number is certainly not going to help." The data comes ahead [Read more]
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Stockreport

US STOCKS-Wall St falls in lead up to Fed verdict after hot labor costs data [Yahoo! Finance]

GE Aerospace  (GE) 
More Company Research Source: Yahoo! Finance
Last ge aerospace earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
McDonald's down after rare profit miss Indexes down: Dow 0.57%, S&P 0.13%, Nasdaq 0.07% (Updated at 10:01 a.m. ET/ 1401 GMT) By Shristi Achar A and Shashwat Chauhan April 30 (Reuters) - Wall Street's main indexes fell on Tuesday with caution prevailing ahead of the Federal Reserve's interest-rate decision and as stronger-than-expected labor costs hinted at persistent inflation. U.S. labor costs increased in the first quarter amid a rise in wages and benefits, confirming the surge in inflation early in the year that will likely delay a much-anticipated interest rate cut later in 2024. "This pretty much tells you that the Fed is going to be very reluctant to reduce short-term interest rates in 2024 and that's had the predictable impact on the stock market," said Hugh Johnson, chief economist at Hugh Johnson Economics. "It doesn't really take interest rate reductions off the table, but it does mean that this number is certainly not going to help." The data comes ahead [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GE
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS