Here are the most important news items that investors need to start their trading day.
, dramatically cutting its projections for growth. "Global growth has slowed to the extent that the global economy is perilously close to falling into recession," the institution said Tuesday. Overall, it said it now expects global economic growth to hit 1.7% this year, down from its previous call of 3%. The World Bank significantly cut its outlook for U.S. economic growth, as well: down to 0.5% from its earlier projection of 2.4%.
on Tuesday, and sale rumors have picked up. After defying broader media stock trends by actually rising last year, WWE shares are already up a whopping 31% so far this year through Tuesday's close.
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