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Stock impact report

Investors could get a one-two punch of awful news today [CNNMoney.com]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Company Research Source: CNNMoney.com
Investors could get a one-two punch of awful news today A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here . London (CNN Business) Data on the US economy often provides a clearer picture of the past than the present. But investors will still pay close attention to the first reading of US GDP for the January to March quarter out Wednesday, mining it for evidence on the early impact of shutdowns across the country. "While it is painfully obvious that activity dropped sharply recently, plenty of related questions remain," Michael Feroli, chief US economist at JPMorgan, said in a recent note to clients. "How large of a downturn occurred? Has the economy bottomed out? When will activity pick up again? And what will the 'reopening' of the economy look like?" The bank now forecasts that GDP fell at an abysmal annualized rate of 11.2% in the first quarter, because of a huge hit to the services sector and Show less Read more
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