top of page

WALL ST CLIMBS AFTER STRONG GDP DATA

  • NEWS Desk Global
  • Jan 25, 2024
  • 1 min read



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.

Comments


bottom of page