Trump warns of economic slowdown unless Fed cuts rates, triggering selloff
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- S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings
- IBM plunges 19% as memory capex squeeze derails Q2 earnings
- Fed’s Warsh says central bank won’t tolerate high inflation
- Software stocks tumble: High memory prices cannibalize enterprise tech capex
- AstraZeneca stock dips as HSBC downgrades stock on 'tough path ahead'
- IBM misses Q2 targets as mainframe and software sales disappoint
- Verizon planning new round of layoffs this week - Barron’s
- S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings
- Lucid Group shares quickly cut in half on report of potential bankruptcy
- HSBC Downgrades IBM (IBM) to Reduce, 'Stretched Valuation'
Citi: US Recession Odds Near 45pct Matching Earlier Reuters Poll, Says Largest Tariff Impact to Occur in Q2 2025
April 22, 2025 10:25 AM EDTCiti: US Recession Odds Near 45pct, Largest Tariff Impact to Occur in Q2 2025
Chief Economist spoke to clients earlier via a conference call. Intelligence comes via ReutersCiti odds of recession match up nearly identical to a Reuters poll 5 days ago (Citi says 40-45pct, Reuters says... More