市场快报

US stocks retreat and bonds rise as investors sour on economic outlook

Tesla shares sink after electric-car maker signals move to sacrifice margins
The weakness in US stocks followed declines in most of Europe and a mixed day in Asia

US and European stocks slipped on Thursday after a number of disappointing first-quarter earnings reports, but government debt rallied as bond investors focused on new unemployment figures.

Wall Street’s benchmark S&P 500 fell 0.6 per cent while the tech-heavy Nasdaq Composite slid 0.8 per cent.

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