Wall St Closes Higher On Strong US Economic Data

[skews13]

A string of robust U.S. economic data eased concerns that the Federal Reserve may be cutting rates aggressively to curb any slowdown.

Weekly jobless claims fell more than anticipated, signaling a steady labor market, while the final reading of gross domestic product confirmed that the economy grew 3% in the second quarter

It (the GDP number) just kind of reinforces that strong economic growth backdrop that we have been seeing," said Mike Dickson, head of research at Horizon Investments in Charlotte, North Carolina.

Wall St closes higher on strong US economic data — Reuters

The S&P 500 scored a record closing high and the Dow and Nasdaq rose on Thursday, as Micron Technology (MU.O) shares rallied and a strong U.S. jobless claims report eased labor market concerns.

stocks.apple.com

 

[Oddball]

 

[lafayette]

It's the economy, stupid oddball.

 

[Manonthestreet]

Ya gotta get in there MAV ...buy buy buy

 

[excalibur]

LOL

Consumer Confidence in U.S. Economy Plummets in Latest Data

Americans’ confidence in the economy dropped sharply in September, the biggest one-month change since the COVID-19 pandemic, according to newly released data. The Conference Board’ Consumer Confidence Index, a marker of how confident Americans are in the economy, plummeted in September. The...

www.usmessageboard.com

 

[0311]

A string of robust U.S. economic data eased concerns that the Federal Reserve may be cutting rates aggressively to curb any slowdown.

Weekly jobless claims fell more than anticipated, signaling a steady labor market, while the final reading of gross domestic product confirmed that the economy grew 3% in the second quarter

It (the GDP number) just kind of reinforces that strong economic growth backdrop that we have been seeing," said Mike Dickson, head of research at Horizon Investments in Charlotte, North Carolina.

Wall St closes higher on strong US economic data — Reuters

The S&P 500 scored a record closing high and the Dow and Nasdaq rose on Thursday, as Micron Technology (MU.O) shares rallied and a strong U.S. jobless claims report eased labor market concerns.

stocks.apple.com

Bidenominics is working.