Wednesday's report that gross domestic product grew at an annualized rate of only 0.2% during the first quarter is confirmation consumers aren't spending, one strategist says.
First quarter GDP rose only 0.2% during first quarter, according to the Commerce Department, missing expectations of 1%.
Whirlpool (WHR) ended Tuesday's trading day down over 7% after a disappointing earnings report, making it TheStreet's Move of the Day.
Shares of Twitter (TWTR) were halted on Tuesday, over concerns that the social media giant's first quarter financial results were leaked.
Keep an eye out for how the Fed discusses the slew of weak economic data seen in recent weeks and the strengthening dollar, in its April statement.
The Federal Reserve wraps up its two-day policy meeting on Wednesday.
Home prices in metropolitan areas are picking up steam, according to the S&P Case-Shiller 20-City Composite Home Price Index, which rose 5% year over year in February.
TheStreet's Scott Gamm speaks with Paul Galant, CEO of Verifone (PAY), to discuss the company's partnership with Apple (AAPL) and how mobile devices are changing the payments space.
Home prices are on the rise. The S&P Case-Shiller Home Price Index rose 5% over the past year as of February, compared to 4.6% in January.
Apple (AAPL) reported financial results for its fiscal second quarter after the closing bell on Monday.