US GDP growth for the first quarter has been revised down in the second estimate from the Bureau of Economic Analysis (BEA).
Facebook shares fell another 8% on its third day of trading on the Nasdaq after the stock closed 11% lower on Monday.
In the latest Conjecture debate, our panelists from North Investment Partners, S&P Capital IQ and Threadneedle discussed US Equities.
Shares in JPMorgan Chase fell almost 7% in after hours trading on Wall Street on Thursday after it revealed a surprise $2bn derivatives trading loss by a London trader.
Senior executives at Lehman Brothers knew of the risks which led to the investment bank's collapse, and chose to ignore warning signs as early as 2007, according to new documents.
BlackRock's Bob Doll said stock prices need to rise and bond prices need to fall before American investors will buy US stocks again.
US stocks ended the day firmly lower on Thursday, after the ISM services sector purchasing managers´ index for the month of April disappointed.
Investors in Warren Buffett's firm Berkshire Hathaway may have been left disappointed with returns over the past three years as the company has underperformed the S&P 500 by more than 25%.