U.S. Economy Grows but Stocks Fall as Tech Giants Report Slowing Growth
- U.S. economy grows faster than expected in Q3 but business investment softens
- Stocks fall globally, Treasury yields retreat as markets digest mixed signals
- ECB holds rates, ends longest streak of hikes but euro little changed
- Tech giants like Meta, Microsoft and Amazon report slowing growth, weigh on stocks
- Oil slips and dollar edges up while gold holds near 5-month high amid economic uncertainty