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  • NEWS Desk Global

WALL ST CLIMBS AFTER STRONG GDP DATA




On Thursday, Wall Street's main indexes gained after data reflecting strong economic performance in the fourth quarter boosted hopes of a soft landing, while Tesla's growth warning kept a lid on investor enthusiasm.

After the Federal Reserve aggressively raised interest rates, the economy grew faster at 3.3% in the quarter on strong consumer spending and defying dire predictions of a recession in 2023.

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