S&P 500 ends at 7-week high on Thursday, stocks jump after U.S. economy posts 4th quarter growth

Major U.S. stock indexes closed higher Thursday, with the S&P 500 ending at 7-week highs after the official scorecard of the American economy showed a strong 2.9% annual rate of growth for the fourth quarter of 2022. The Dow Jones Industrial Average DJIA, +0.61% rose about 204 points, or 0.6%, ending near 33,948, close to the session's high. But the day's bigger gains came from the S&P 500 index SPX, +1.10% and the Nasdaq Composite Index COMP, +1.76%, which gained 1.

1% and 1.8%, respectively. The S&P 500 ended at its highest close since Dec. 2, according to preliminary FactSet data. The U.S. economy reported a robust quarterly gain to end the year on Thursday, which helped advance risk-taking on Wall Street, even though many economist still expect the U.S. to face tougher odds of avoiding a recession in 2023 as the Fed plans to keep increasing rates in the next few months, and to keep them high for some time as part of its inflation fight.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Asian Stock market: Nikkei extends rally despite volatility in S&P500 futures, oil rebounds from $80.00Asian Stock market: Nikkei extends rally despite volatility in S&P500 futures, oil rebounds from $80.00 – by Sagar_Dua24 Asia Nikkei Oil BOJ DollarIndex
출처: FXStreetNews - 🏆 14. / 72 더 많은 것을 읽으십시오 »

Stock market news today: S&P 500 falls for 2nd day amid earningsUS Stocks end mixed as investors wade through fresh crop of earnings report
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

S&P 500 ends slightly down after mixed earnings, opening glitchThe S&P 500 ended nominally lower on Tuesday at the close of a rocky session marked by a raft of mixed earnings and a technical malfunction at the opening bell. Technical malfunction = fraud
출처: Reuters - 🏆 2. / 97 더 많은 것을 읽으십시오 »