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A stronger-than-expected third-quarter gross domestic product figure Thursday failed to bring the U.S. markets higher.
Australian shares are set to open slightly higher as hot US GDP data sent the Nasdaq down and pushed the S&P to the brink of a technical correction.
The US economy saw strong growth in the third quarter, though the Nasdaq pushed further into correction territory on Thursday.
The Biden administration celebrated surging U.S. GDP growth Thursday, but economists and analysts warn it could be the last hurrah for an ailing economy.
Washington, DC (CNN) — The US economy expanded at a remarkably strong pace in the third quarter, despite interest rates at their highest level in 22 years.Gross domestic<a class="excerpt-read-more" href="https://whdh.com/news/the-us-economy-grew-at-a-blistering-rate-despite-high-interest-rates/">Read More</a>