The latest data marks the economy's first contraction since the Covid-19 pandemic impacted the country in early 2020, Xinhua news agency reported
The Dow Jones Industrial Average ended higher for the second straight day, the S&P 500 was flat, and the Nasdaq Composite fell sharply after Netflix reported it had lost subscribers for the first time
The major U.S. stock indices declined less as Europe's dependence on Russian energy and its proximity to Ukraine has slammed the continent more than other parts of the globe
The S&P 500 lost 53.36 points, or 1.24%, to 4,251.4 and the Nasdaq Composite dropped 234.72 points, or 1.75%, to 13,146.79
Apple jumps after record holiday-quarter sales, Visa surges on increased travel, e-commerce spending; Caterpillar falls after flagging margin pressure
Treasury yields have risen in anticipation of tighter policy, with those on the benchmark 10-year Treasury up 40 basis points from recent lows.
Since taking over a decade ago, the 63-year-old CEO has transformed Morgan Stanley from a Wall Street firm focused on a money-losing trading businesses into a more balanced bank
Tesla charges ahead on better-than-expected deliveries; banks gain as Treasury yields rally on rate hike hopes
Such divergences are popping up across Manhattan's mighty financial industry, creating pockets of optimism within the city's economy
U.S. equities inched higher at the open as some high valuations, including of so-called "meme stocks", fed into investor sentiment.
Wall Street's main indexes opened higher on Thursday after weekly jobless claims hit their lowest level since the start of a pandemic-led recession
Sectorally, the Nifty Metal, PSU Bank, and Bank indices advanced 25 per cent, 40 per cent, and 20 per cent, respectively during the February F&O series
Bitcoin hit a new record high and approached $50,000 on Sunday, building on its record rally as Wall Street and Main Street increasingly adopt the world's biggest cryptocurrency.
The Dow Jones Industrial Average fell 86.84 points, or 0.33%, at the open to 26,572.27.
The Dow Jones Industrial Average .DJI rose 50.43 points, or 0.18%, at the open to 28,245.85.
Shares of Regeneron Pharmaceuticals Inc jumped after Trump's physician said he had been treated with Regeneron's dual antibody treatment.
Citi's statement comes amid a broader re-think of racism in the United States in recent months
Wall Street's main indexes have tumbled in the past three weeks as investors dumped heavyweight technology-related stocks
The Dow Jones Industrial Average fell 123.53 points, or 0.46 per cent, at the open to 26,746.57
On Wall Street, major benchmarks opened sharply lower after Trump warned late Tuesday that maintaining social distancing guidelines for the next 30 days would be a "matter of life and death"