Triple Whammy: GDP, Hotter Inflation Gauge, Meta Spark Market Sell-off 4/25/24

Carl Quintanilla, Jim Cramer and David Faber covered all of the bases regarding Thursday's stock market sell-off, surge in yields and rate fears. 

The catalysts: Q1 GDP growth below consensus estimates, the Core PCE Price Index -- a key measure of inflation -- came in hotter than expected, 

Meta shares plunged on revenue guidance and plans to increase spending on AI. Also in focus: An earnings barrage including Thursday’s Dow laggards Caterpillar and IBM, 

the CEOs of ServiceNow and Southwest Airlines joined the program to discuss their companies' quarterly results and outlook.

 

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