Econ Recaps
Econ Recaps
Corben Benda
FRC is dead, META BEATS earnings, Fox loses 700K viewers//April 27th market recap
7 minutes Posted Apr 27, 2023 at 2:07 am.
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This is a recap of what happened in the stock market today. The S&P 500 went down, and most sectors closed lower except for Information technology. Chipotle did well, while First Republic Bank did not. Activision's deal with Microsoft was blocked, and Disney is suing Florida Gov. Ron DeSantis. Tyson Foods eliminated some jobs, and Fox News lost viewers after laying off Tucker Carlson. The Federal Reserve Bank reported good news about durable goods orders. Meta and Roku had good earnings, while Boeing and Hilton had mixed results. Humana had strong earnings. Tomorrow, there will be earnings reports from Intel, Amazon, American Airlines, Mastercard, Caterpillar, and Gilead Pharmaceuticals.