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Premarket movers today, April 30, 2014: U.S. stock futures are in the red this morning as the market awaits an update from the Federal Open Market Committee's (FOMC) two-day meeting.
Here's what else is making headlines in the stock market today.
Five Biggest Stories in Today's Stock Market, April 30, 2014
- Brave New World: It was just a matter of time, but who thought it would happen this soon? According to the World Bank, the United States will lose its prestige as the world's largest economy in 2014. China is about to overtake the U.S, much sooner than the previous 2019 estimate. The United States has been the world's largest economy since 1872, when it overtook the United Kingdom
- Twitter Trials Continue: Shares of Twitter Inc. (Nasdaq:
About the Author
Garrett Baldwin is a globally recognized research economist, financial writer, and consultant with degrees from Northwestern, Johns Hopkins, Purdue, and Indiana University. He is a seasoned financial and political risk analyst, with a focus on stocks, hedge funds, private equity, blockchain, and housing policy. He has conducted risk assessment projects for clients in 27 countries, and consulted on policy and financial operations for some of the nation's largest financial institutions, including a $1.5 trillion credit fund, a $43 billion credit and auto loan giant, as well as two of the largest Wall Street banks by assets under management.
Garrett joined Money Map Press as an economist and researcher in 2011, specializing in alternative strategies with an emphasis on fundamental and technical analysis.