JSE slips as investors digest US economic data and poor earnings

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Business News News

US GDP expanded an annualised 2.6% in the third quarter, easing concern about a recession in the world’s biggest economy

The JSE was weaker on Friday morning, along with its global peers as investors contended with mixed US economic data and disappointing corporate results from tech giants.

US GDP expanded by an annualised 2.6% in the third quarter, higher than the market consensus estimate of 2.3%, ending two straight quarters of declining output and easing concerns about a recession in the world’s biggest economy...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines