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‘Meaningfully Stronger’ US Economy Dismantles Slowdown Fears, Boasts 3.3% Growth In Q4 2023

The US economy grew by 3.3% in Q4 of 2023, surpassing expectations by a significant margin. Economists predict continued growth in 2024, led by consumer spending and a strong labor market.

SPY

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Stock Market Extends Record Highs, S&P 500 Hits 4,900 On Tech Rally, Microsoft’s $3 Trillion Mark: What’s Driving Markets Wednesday?

It’s a bullish day on Wall Street, with major U.S. large-cap indices reaching record highs, driven by broad-based rallies in tech-related stocks as investors continue to embrace the AI trade.

AAPL

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US Output Growth Hits 7-Month High In January: Services Lead, Manufacturing Rebounds

US economy shows robust start to 2024, driven by service & manufacturing sectors. PMI at highest levels since mid-2023. Demand & business confidence improve, inflation cools. Challenges include supply delays & declining purchasing activity in manufacturing.

SPY