Tag: recession
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Markets Rocked by Shocking GDP Collapse: S&P 500 Plunges 2.6% on Friday, June 5, 2026
Markets plunged Friday as a shocking -12.1% GDP contraction—six times worse than expected—sent the S&P 500 tumbling 2.58% despite strong corporate earnings.
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Markets Tread Water as GDP Shocker and Geopolitical Tensions Dominate Monday, May 18, 2026
Markets finished mixed Monday as a shocking -3.3% GDP contraction, surging inflation to 6.8%, and U.S.-Iran tensions left investors cautious despite improving unemployment figures.