US Stocks Rise, GDP Surges, Fed Rate Cut Unlikely
Update: 2025-12-23
Description
US stocks inched up today, with the S&P 500, Dow, and Nasdaq all posting gains. The standout news was the surprise jump in Q3 GDP, which beat expectations and boosted bond yields. Consumer confidence and durable goods orders fell short of forecasts, but industrial production held steady. European and Chinese markets also rose. In stock news, Nvidia and Alphabet led gains, while Sable Offshore and Zim Shipping surged on positive news. Markets now expect a low chance of a Fed rate cut next month, and big Treasury auctions loom this week.
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