Stocks sold off after March's trade deficit surged, prompting fears revised GDP could show the U.S. economy contracted in the first quarter.
Stocks sell off on Tuesday after weak trade data prompts worries that revised GDP numbers could show the U.S. economy contracted in the first quarter.
Stocks are trading in the red as weak trade data prompts worries revised GDP numbers could show the U.S. economy contracted in the first quarter.
The Nasdaq tumbled below 5,000 in midday trading Tuesday. Netflix (NFLX) gained after Bank of America upgraded shares to BUY from UNDERPERFORM.
Stocks extend modest losses by mid-morning Tuesday.
U.S. stocks opened slightly lower Tuesday but Disney (DIS) shares jumped after the world's largest entertainment company reported a 10% increase in quarterly profits.
Stock futures are lower on Tuesday as Wall Street digests key earnings and awaits April's jobs report out on Friday.
Markets closed higher Monday with the S&P 500 only points from its record high.
Markets drift higher earlier in the day and maintain those gains through to market close.
The S&P 500 is trading near its record closing level on Monday afternoon.