Evening Market Recap - Thursday, 25-Apr

US equities ended lower Thursday, just off best levels as market regained some sharp early-morning losses. The market shook off some of the overhang from disappointing tech earnings and stagflation worries sparked by this morning's economic data. The first read for Q1 GDP came in below consensus at a 1.6% SAAR, with the release noting increased consumer spending, but weaker private inventory investment.