Stocks extend winning streak as economy strengthens—five experts weigh in

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Stocks continue their rally on the back of better-than-expected GDP growth. Here's what it means for the economy and the Federal Reserve.

U.S. stocks continued their best start to a year in almost three decades on Friday as Wall Street cheered Thursday's news that U.S. gross domestic product topped growth expectations for the fourth quarter, rising 2.6 percent.

div > div.group > p:first-child"> Economists were expecting 2.2 percent growth after GDP gained 3.4 percent in the previous quarter. Many market watchers see the better-than-anticipated results as grounds for the Federal Reserve to continue to hold off on raising interest rates. Here are five experts' takes for what a higher GDP number means for the economy:

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 İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Strengthen? You have no ideas what you are talking about!!

Curiosity it’s good thing to have in some points..

ok ok

Pump pump pump! This is all gonna end up really badly.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks under pressure | Trump cuts summit short | GDP data setStock futures are pointing to another lower Wall Street open, following a mixed Wednesday session. TrumpFail The media is so funny. After all the leftist media piles on trump would one think that Kimmy might think trump will be gone shortly and he can go back to building and testing nukes with the next president who most likely will be weak.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks little changed despite stronger-than-expected GDPStocks were little changed at Thursday's open as stronger-than-expected economic data were offset by talks between President Donald Trump and North Korean leader Kim Jong Un falling through. It’s amazing how you’re still trying to connect real world events with financial markets performance. Global depression in December and best time ever since then? No deal is better than a bad deal..... too bad feckless Obama did not think the same way All of the Mainstream media was hoping Trump would cave. Today they make the best of their sincere disappointment.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks retreat after failed Trump-Kim summit; GDP data better than expectedU.S. stocks fall Thursday morning but are off pre-market lows after a reading of fourth-quarter GDP came in better than expected. Not so fast, it wasn't a failed Trump-Kim summit. President Trump obtained a lot of useful information from Kim. President Trump is a confident decision maker. Not only is he building rapport it's honing in on the details. He holds the high ground and a treaty is being formed.
Source: MarketWatch - 🏆 3. / 97 Read more »

Federal judge upholds Trump administration's ban on rapid-fire bump stocksPeople still in possession of the devices will be required to destroy or turn them over to a local office of the ATF. I will design stunning Amazon Thank you card or product insert which will motivate your customer to leave great review. Order Here: 'People still in possession of the devices will be required to destroy or turn them over to a local office of the bureau of Alcohol, Tobacco, Firearms and Explosives.' FAT CHANCE OF THAT HAPPENING! The price for bump stocks just went a bit higher. That is all that this will do.
Source: NBCNews - 🏆 10. / 86 Read more »