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Economists, on average, expect annualized quarter-over-quarter growth of 2%, slower than the third quarter's 4.9% growth.
A heavy week of earnings and data ahead couldn't spoil the market's record-setting Monday mood.
U.S. stocks are set for additional gains on Monday, building on the momentum of the S&P 500 reaching a new high last Friday, with earnings expected to be the focal point throughout the upcoming week.
All three major U.S. indexes finished the session lower, with interest rate-sensitive momentum stocks weighing heaviest on the tech-heavy Nasdaq.
U.S. stocks followed their European counterparts lower on Wednesday and U.S. Treasury yields resumed their uphill climb as robust economic data reduced the likelihood that the Federal Reserve could... -January 17, 2024 at 03:09 pm EST - MarketScreener