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

Published: April 25, 2024, 2:47 p.m.

b"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. \\nThe catalysts: Q1 GDP growth below consensus estimates, the Core PCE Price Index -- a key measure of inflation -- came in hotter than expected, \\nMeta shares plunged on revenue guidance and plans to increase spending on AI. Also in focus: An earnings barrage including Thursday\\u2019s Dow laggards Caterpillar and IBM, \\nthe CEOs of ServiceNow and Southwest Airlines joined the program to discuss their companies' quarterly results and outlook.\\n\\nSquawk on the Street Disclaimer"