Chelsey Dulaney

It's the Federal Reserve's world and we're all just living in it. Markets failed to react when the European Central Bank held interest rates steady but signaled it would pivot to policy easing in June.

Ben Bernanke has some thoughts on how to fix the Bank of England's much-maligned economic-forecasting models—and that includes paying less attention to the markets.

**↘️** **Live Nation Entertainment (LYV)**: Shares of the Ticketmaster parent company slid more than 9% in premarket trading after the Journal reported that the Justice Department is preparing to sue it as soon as next month.

Stocks were mixed in early action as markets faced a heady mix of earnings, rising tensions in the Middle East and questions about the prospect for interest-rate cuts.

Stocks were mixed in early action as markets faced a heady mix of earnings, rising tensions in the Middle East and questions about the prospect for interest-rate cuts.

**↘️** **Meta Platforms (META)**: The parent of Facebook and Instagram reported record first-quarter revenue late Wednesday but spooked investors with forecasts of rising costs. Share tumbled in premarket trading.

Stock futures fell, with the Nasdaq-100 posting the biggest losses as Meta dragged down the wider tech sector.

Stock futures fell after data showed that U.S. economic growth slowed in the first quarter. The Nasdaq-100 posted the biggest losses as Meta dragged down the wider tech sector.

Stocks fell sharply after data showed the U.S. economy slowed in the first quarter. Nasdaq posted the biggest losses as Meta dragged down the wider tech sector.

↗️ **AstraZeneca (UK: AZN**, **AZN**): The pharmaceutical giant posted a better-than-expected jump in revenue in the first quarter, while earnings also topped expectations. Its U.S.- and U.K.-listed stocks rallied more than 5%.