Stock Market Today: GDP Growth Weaker Than Expected to Start the Year

Stock Market Today: GDP Growth Weaker Than Expected to Start the Year

- US stocks fell sharply Thursday as data showed the US economy grew much slower than expected to start 2024. - The report also showed consumer prices rising in the quarter, complicating the Fed's rate-cut decision. - Bond yields jumped, with the US 10-year Treasury hitting the highest in five months. US stocks opened lower on Thursday as the Bureau of Economic Analysis reported that US economic growth was weaker than expected in the first three months of this year. …