US shares were withdrawn from weak profits, while the economy stumbled

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The Wall Street shares fell on Wednesday after weak US growth data and a flood of weak company results.

The Blue Chip S&P 500 fell more than 2 percent in early trade in New York and threatened to break a six-day winning streak before swapping 1.1 percent that day.

Starbucks fell by 7.2 percent after the coffee chain was halved late Tuesday on Tuesday of the year, while the server manufacturer Super Micro computer – a supplier for the chip giant Nvidia – had dropped by 17 percent after the analysts were expected to apply and profit systems per share.

Nvidia fell by 2.7 percent and Tesla fell by 5.2 percent and moved the Technical Haavy Nasdaq network by 1.5 percent.

The movements came on Wednesday after the data showed US economy has joined together For the first time in 2022, he shrank by an annual consumption of 0.3 percent in the first three months of this year, when companies had bought in most countries in the expectation of Donald Trump’s steep tariffs.

The data also showed an inflation that was slightly higher than expected. The index for personal consumption expenditure – the preferred measure of the price growth of the Fed – rose by 2.3 percent in March compared to the previous year.

“Inflation was also increased, which heated up the story of the stagflation and what the Federal Reserve can do to help as an economic feeling,” said James Knightley, chief -international economist at ING.

Consumer and business feelings have fallen after the USA Trump’s aggressive tariff announcementsEven when the stock market has shifted by 90 days in the last weeks after the majority of the taxes.

“The economy was essentially stagnated in the first three months of the year, while the growth of the heading and core inflation accelerated,” said Ryan Sweet, head of the US economist at Oxford Economics.

Raw material markets met with regard to the health of the world’s largest economic markets, with Brent Crude, the international oil benchmark, decreased by 1.2 percent per barrel.

However, the European shares were in a positive area, with the regional Stoxx Europe by 600 to 0.4 percent and Germany rose by 0.3 percent.