Did the Economy Grow in Q1? GDP Results Signal Big Week for Stocks
From Investing.com: 2025-04-29 11:05:00
Stocks are heading into the heart of Q1 earnings season on a positive note, with 73% of companies exceeding analysts’ estimates so far, above the 5-year and 10-year averages. Despite concerns about a recession, Q1 GDP is expected to show a decline from Q4, with estimates ranging from -2.5% to -0.4%. The release of GDP, the Consumer Confidence Index, and the PCE report are key events this week. Additionally, Meta, Amazon, and Apple are set to report earnings, with analysts anticipating positive figures for all three companies.
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