New York, April 30, 2025 (AFP) - US stocks open sharply lower on weak GDP data, S&P 500 -1.4%

NAMPA / AFP

2025-04-30

Wall Street stocks opened sharply lower Wednesday after a weak GDP report deepened concerns about an economic slowdown in light of uncertainty over US President Donald Trump's trade policy. The gross domestic product of the world's largest economy decreased at an annual rate of 0.3 percent in the first quarter, lagging analyst expectations. All three major indices were decisively lower, with the broad-based S&P 500 down 1.4 percent at 5,486.03. j......

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